Global Banking Monitor

Monday, April 29, 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...

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Inverted US Yield Curve Expected to Worsen, According to PGIM’s Greg Peters

The US yield curve is set to invert even further, barring a rapid drop in inflation, according to Greg Peters, co-chief investment officer at...

Japan’s Regional Banks Resilient to Foreign Bond Losses, According to Regulatory Official

Japanese regional lenders will be well able to weather even "large" losses on their foreign bond portfolios thanks to strong capital buffers, a senior...

Binance temporarily stops accepting deposits and withdrawals due to technical issues, according to CEO

Cryptocurrency exchange Binance has resumed withdrawals on its platform after technical issues affected spot trading, the company said in a tweet. Binance suspended deposits and...

Switzerland’s wealth management leadership at risk due to Credit Suisse’s collapse, according to analysis

The fall of Credit Suisse (CSGN.S) has dealt a serious blow to Switzerland's credentials as the world's leading wealth management centre, experts warn, calling...

Consumer Spending in China Remains Subdued, According to Companies

China has yet to see a strong rebound in consumer spending, according to major companies. Consumer spending is recovering in an imbalanced way, which means...

Brex, fintech startup, said to have obtained billions in Silicon Valley Bank deposits on Thursday according to source

Fintech startup Brex received billions of dollars in deposits from Silicon Valley Bank customers on Thursday, CNBC has learned. The company, itself a high-flying startup,...

Confidence returns to UK economy, according to Rishi Sunak

The prime minister has said "confidence is returning" after official figures showed the economy grew by more than expected in January. Rishi Sunak said the...

Senior Europe TMT bankers named in Bank of America’s reshuffle, according to memo

Bank of America (BAC.N) has made a handful of senior appointments within its investment banking team advising European technology, media and telecom (TMT) companies,...

It’s been a bleak year for stocks. This is what investors can expect in 2023 — according to history

2022 has been a bleak year for stock markets worldwide. A confluence of global factors has meant the MSCI World index of large and...

These stocks set for high profit margins could rally more than 50% ahead, according to analysts

Markets are grappling with recession fears and the prospect of sticky inflation. Market veterans have been warning that stubbornly high inflation could trigger a...

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