bank Archives - Page 2 of 30 - Global Banking Monitor

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...

Egypt Central Bank Maintains Steady Interest Rates Amidst Dropped Growth

Egypt's central bank kept its overnight interest rates unchanged on Thursday as predicted, saying GDP growth had slowed to 2.9% in the second quarter...

Czech Central Bank Poised to Initiate Rate-Easing Cycle on Thursday

The Czech National Bank was expected to make its first interest rate cut in more than three years on Thursday as policymakers meet amid...

Wells Fargo Makes History: First Major US Bank to See a Unionized Branch

Wells Fargo & Co. is now the first major US bank to have a unionized workforce. Workers at a Wells Fargo branch in Albuquerque, N.M.,...

End of an Era: Bank Indonesia Nears the Conclusion of its Tightening Measures

Bank Indonesia will probably keep borrowing costs unchanged and mark the end of its tightening cycle as the worst seems to be over for...

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...

Unlocking Potential: Fintechs Eye Growth Through Strategic Bank Partnerships in 2024

With high interest rates still floating in the market, fintechs can drive profitability through technology and partner with banks to curb costs and fuel...

Bank of England Receives a Festive Surprise This Christmas

To be ultra clear, prices are still rising. But they aren’t rising as rapidly as they were. And they aren’t rising as rapidly as...

Philippine Central Bank Chief Rules Out Key Rate Cut in Near Future

The Philippine central bank is unlikely to pivot to monetary policy easing in the next few months as inflation risks persist, Governor Eli Remolona...

Recession Confirmed: Bank of Finland and Finance Ministry Align on Economic Downturn

The Bank of Finland and the Ministry of Finance have confirmed that the nation is currently in a recession. Both authorities have defined the decline...

Yen Faces Downward Pressure as Bank of Japan Adheres to Ultra-Easy Policy Amid ‘Extremely High’ Uncertainties

Japan’s central bank left its ultra-loose monetary policy unchanged at its final meeting this year, a move that unraveled the recent yen rally as...

European Central Bank Utilizes Leverage Buffer to Counteract ‘Window Dressing

The European Central Bank has applied an extra capital requirement to six banks with excessive leverage or that may be trying to give supervisors...

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....

2025 Outlook: French Central Bank Anticipates Economic Recovery

French economic activity will only pick up in 2025 as lower inflation boosts consumers' purchasing power, falling short of the government's growth expectations in...

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

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