2023 Archives - Page 2 of 4 - Global Banking Monitor

Deutsche Bank and Wells Fargo Anticipate Onset of US Recession in Q4 2023

Despite a better-than-expected earnings season, Wall Street economists still expect the U.S. to enter a recession this year. According to FactSet, the blended earnings...

Morgan Stanley Predicts Slump in US Earnings for 2023, Followed by Strong Rebound in the Following Year

Morgan Stanley warns of a 16% drop in profit for S&P 500 companies this year, followed by a sharp rebound in 2024 when analysts...

Signs Pointing Towards a 2023 US Recession Weakening, Experts Say

Many CEOs, investors and economists had penciled in 2023 as the year when a recession would hit the American economy. The thinking was that the...

FDIC Reports Steepest Drop in US Bank Deposits in 39 Years at the Start of 2023

US banks lost $472 billion in deposits in the first quarter, according to a new quarterly report from the Federal Deposit Insurance Corporation (FDIC)...

MVCC: Payments Innovation Award 2023

One of our valued contributors recently suggested we take a look at the work of the Saudi Arabian gas station automation company, MVCC. The...

The West Coast emerges as a prominent epicenter of bank turmoil in 2023

One half of the country is experiencing the banking turmoil of 2023 quite differently than the other half. Three of the four banks that collapsed...

IMF Delivers Optimistic Outlook: Britain’s Recession Risk Eliminated in 2023

The International Monetary Fund no longer expects a recession in Britain this year, it said on Tuesday, praising steps taken by the government to...

World Bank Raises Cambodia’s Growth Forecast for 2023 to 5.5%

The World Bank on Thursday raised its growth forecast for Cambodia to 5.5 per cent in 2023, up from its earlier projection of 5.2...

FinTech Influencer List, 2023

Welcome to our first-ever public FinTech Influencer List, 2023. This is version 0.1 and it's a work in progress. Myself and the team will...

World Bank Chief Raises Global Growth Forecast for 2023, Citing Improving Debt Outlook

World Bank Group President David Malpass said on Monday that the lender has revised its 2023 global growth outlook slightly upward to 2% from...

Greek Economy to Experience 2.2% Growth in 2023 with Cautionary Measures, States Cenbank Chief

Greece's economy will grow by 2.2% in 2023, its central bank chief said on Friday, urging the country to stick to the path of...

The Transformer List: United Arab Emirates

Here's our list of executives driving digital transformation across the United Arab Emirates banking marketplace. United Arab Emirates Giovanni EverduinHead of Strategy & TransformationCommercial Bank...

The Transformer List: Oman

Here's our list of executives driving digital transformation across the Omani banking marketplace. Oman Taher Albakhsh Al BalushiGeneral Manager - Strategy & Transformation and Project...

The Transformer List: Kuwait

Here's our list of executives driving digital transformation across the Kuwaiti banking marketplace. Kuwait Osama Mohammed ShehabChief Digital OfficerBoubyan Bank Christian JamesHead of Transformation and Chief...

Stripe employees get to sell $1bn of shares

Strategies for Upskilling Your Workforce in an AI-Driven Economy

Five Strategies for Enhancing Internal Communications in Banks

Tag: 2023