bank Archives - Page 3 of 30 - Global Banking Monitor

Bank of America Issues Early Warning of Mild Recession at Year’s Start

Back in January, Bank of America was one of many investment banks that believed the U.S. economy was barreling toward recession. With the Federal...

Metro Bank Declines to Sell £3 Billion Mortgage Portfolio

Metro Bank Holdings Plc said it’s no longer considering the sale of a £3 billion ($3.8 billion) mortgage portfolio after it secured a rescue...

Citi’s Onshore China Investment Bank Plans Face Delays Due to Data Law

Citigroup Inc.’s push to set up a wholly-owned securities business in China is taking longer than planned because the bank needs more time to...

Central Bank Predicts French Inflation to Decelerate to 1.8% in 2025

The Bank of France trimmed its forecasts for inflation this year and next as it continues to predict it will ease to the European...

Bank of Canada Chief Macklem Forecasts Rate Reduction in 2024

Bank of Canada Governor Tiff Macklem said he expects to start cutting interest rates next year but needs to see several months of sustained...

China’s Central Bank Expands Liquidity Support through Policy Loans, Leaves Rates Unchanged

China's central bank ramped up liquidity injection but kept the interest rate unchanged when rolling over maturing medium-term policy loans on Friday, matching market...

Citi Announces Plans to Separate Mexico Retail Bank from Corporate, Investment Unit by Late 2024

Citigroup (C.N) will split its Mexico retail unit, known as Banamex, from its corporate and investment banking business in the country by the second...

Deutsche Bank Provides Insights on Nio’s Recent $2.2 Billion Investment Agreement

Deutsche Bank reiterated a Buy rating on Nio Inc. (NYSE:NIO) Monday, with a 12-month price target of $11.00, after the Chinese electric automaker announced...

Asian Development Bank Commits $100 Billion Investment for Maximum Climate Impact

Setting the scene for a low-carbon and climate-resilient Asia and the Pacific, the Asian Development Bank (ADB) plans to invest $100 billion of its...

Bank of Canada Governor Indicates Potential Cease in Interest Rate Increases

Bank of Canada Governor Tiff Macklem recently suggested that the measures taken to tackle inflation are working, indicating a potential pause in the ongoing...

Argentina’s Milei Firm on Non-Negotiable Closure of Central Bank

Argentina's President-elect Javier Milei said on Friday that the closure of the country's central bank, a signature campaign pledge, was a "non-negotiable matter", according...

Bank of Estonia Warns: Loan Repayment May Become Slightly More Challenging

While the share of bad loans remains very low in Estonia, a recent analysis by the Bank of Estonia (Eesti Pank) suggests their number...

French Bank Receives Court Adviser’s Backing in Lawsuit Over Dividend Tax Rule

French banks’ efforts to challenge guidance by the country’s tax authorities on dividend arbitrage strategies got the support of an adviser to the top...

Nigeria’s Central Bank Unveils Extensive Plans to Tackle Inflation

Nigeria’s central bank pledged major changes to get a grip on inflation and steady the country’s battered currency, signaling tighter monetary policy ahead. The Central...

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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