Global Banking Monitor

Friday, May 24, 2024

Stripe employees get to sell $1bn of shares

It's good news for the Stripe employees...

Strategies for Upskilling Your Workforce in an AI-Driven Economy

In an era where artificial intelligence (AI)...

Five Strategies for Enhancing Internal Communications in Banks

In the fast-paced world of banking, effective...

Tag: with

Indian Central Bank Expresses Uncertainty in Aligning Inflation with 4% Target

The Indian central bank’s objective of aligning inflation with its 4% target on a durable basis is far from assured and a failure to...

World’s Central Banks Approach 2024 with Cautious Steps—Here’s Why

Some of the world’s major central banks – including the US Federal Reserve, the European Central Bank and the Bank of England – are...

Co-Op Bank of UK Engages in Exclusive Merger Talks with Coventry

British lender Co-Operative Bank said it’s in “exclusive discussions” with Coventry Building Society over a potential merger after receiving some non-binding proposals from prospective...

Czech Central Bank Initiates Rate-Easing Cycle with a 25 bps Cut

The Czech National Bank (CNB) started an interest rate-easing cycle on Thursday with a 25 basis-point reduction that puts the main repo rate at...

Central Bank of Egypt Set to Conclude 2023 with Interest Rate Discussion on Thursday

The Central Bank of Egypt (CBE)’s Monetary Policy Committee (MPC) will hold its final meeting of the year on Thursday to decide on the...

Understanding the Context: Why the Bank of England Won’t Deviate with Rate Cuts in 2024

UK inflation doesn’t look that different to the eurozone after allFinancial markets have significantly ramped up bets for 2024 rate cuts over recent weeks....

Saudi Fintech Success: Tamara Secures Unicorn Status with $340 Million Funding Round

Buy now, pay later platform Tamara has become the first Saudi fintech startup to reach a $1 billion valuation after raising $340 million in...

GCC Central Banks Align with Fed, Maintain Unchanged Interest Rates

Central banks in the Gulf Cooperation Council region have kept their interest rates unchanged, following the decision by the US Federal Reserve to maintain...

Goldman Sachs Encounters Challenges as it Unwinds Partnership with Apple on Credit Card Venture

Goldman Sachs (GS) is facing a challenging exit from its four-year-old credit card partnership with Apple (NASDAQ:AAPL), marking a significant turn in the Wall...

Canadian Retail Sales Soar with 0.8% Jump, Reflecting Sharp Spending Increase

Canadian consumers splurged in September and October, a surprise resurgence in spending even as high interest rates restrict household budgets. Receipts for retailers rose 0.8%...

India’s Banking Sector Grapples with Worst Liquidity Crisis in Half a Decade

India's banking sector is grappling with a severe liquidity deficit, reaching a near five-year high as the Reserve Bank of India (RBI) reported a...

IMF Commends Sri Lanka’s Debt Management Collaboration with China’s Exim Bank

Amid its financial challenges, Sri Lanka has received commendation from the International Monetary Fund (IMF) for its handling of debt negotiations with China’s Export-Import...

Recognizing the Technological Success of Sohar International Bank’s Merger with HSBC Oman

It gives us immense delight to announce that Sohar International has earned our Technology Excellence Award for its successful merger with HSBC Oman completed...

Chile Takes Bold Step with Jumbo Interest Rate Cut in Line with Latin America’s Easing Trend

Chile’s central bank slashed its key interest rate by a larger-than-expected 100 basis points, spearheading Latin America’s shift toward looser monetary policy and signaling...

- A word from our sponsors -

spot_img

Follow us

HomeTagsWith