Global Banking Monitor

Tuesday, April 30, 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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Turkey Implements Another Interest Rate Hike Alongside New Tightening Measures

Turkey’s central bank delivered its seventh straight interest-rate hike as part of efforts to curb inflation that’s seen accelerating to 70% in the coming...

Riksbank’s Thedeen Views 50-50 Probability for Another Rate Hike

Sweden’s Riksbank is as likely to raise its benchmark rate as to keep it unchanged, and could take action if the krona weakens again...

ECB Plans Another Interest Rate Hike as Finish Line Comes Into View

The European Central Bank is set to lift interest rates by another quarter-point as investors ponder if this could be the final salvo in...

Chinese Banks Dealt Another Blow as Mortgage Refinancing Pushes Impact

Chinese banks’ profits may take a hit as policymakers urge lenders to lower the refinancing costs on $5.4 trillion of home loans, adding further...

Another Crucial Inflation Gauge Records Steep Decline in May

US inflation at the wholesale level has cooled once again, this time landing well below its pre-pandemic average. The Producer Price Index showed that annual...

UK banks withdraw mortgage deals from the market amidst another round of rate hikes

UK lenders are removing mortgage deals from the market again and increasing the rates they charge borrowers for fixed-rate products. The number of home loan...

France receives another credit rating warning

The outlook on France’s credit rating was reduced to negative from stable by Scope Ratings, raising questions about President Emmanuel Macron’s efforts to spur...

Analysts say it’s ‘sentiment contagion,’ not another banking crisis

The collapse of U.S.-based Silicon Valley Bank, the biggest bank failure since the global financial crisis, and the emergency rescue of Credit Suisse by...

Another big one’ expected soon, warns Hindenburg short seller

Hindenburg Research said it will soon release a new report, two months after the US short seller’s explosive allegations against Adani Group wiped more...

UK inflation shock increases pressure on BoE for another rate hike

British inflation unexpectedly rose to 10.4% in February, pushed up by higher food and drink prices in pubs and restaurants, according to official data...

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