challenges Archives - Global Banking Monitor

Goldman Sachs Encounters Challenges as it Unwinds Partnership with Apple on Credit Card Venture

Goldman Sachs (GS) is facing a challenging exit from its four-year-old credit card partnership with Apple (NASDAQ:AAPL), marking a significant turn in the Wall...

National Australia Bank Reports Increased Earnings Amid Economic Challenges

Investors in the Australian banking sector, including National Australia Bank (OTC:NABZY) Ltd (ASX:NAB), are navigating a challenging environment marked by aggressive interest rate hikes...

Challenges Faced by Developing World Banking Systems

Accessing money—one of life’s essentials—can be tough in the Third World. Since starting my trip through Africa, as part of a 1.5-year trip through...

Australia’s Central Bank Chief Sounds Alarm on Inflation Challenges Ahead

Australia's Central Bank Chief Sounds Alarm on Inflation Challenges Ahead The head of Australia's central bank on Tuesday said that inflation is the crucial challenge...

Fed’s Tightening Cycle Endgame Faces Challenges Amid Easing Financial Conditions

Less tight financial conditions as exhibited by the red-hot stock market may increase the chances that the Federal Reserve hikes rates again before the...

Challenges Ahead for China’s New Central Bank Governor

China has a new central bank governor. Pan Gongsheng, who has managed the world’s largest foreign exchange reserves for seven years and was credited with...

IMF Raises Projections, But Warns Global Economy Still Faces Challenges

The risk of a crash landing for the global economy has receded, the IMF’s chief economist said as the multilateral lender predicted 3 per...

Big Banks’ Earnings Signal Challenges Ahead for Smaller Banks

JPMorgan Chase and Wells Fargo on Friday reported year-over-year net income growth of 67% and 57%, respectively. Wells Fargo, for example, still has nearly...

New Head of Australia’s Central Bank Confronts Dual Challenges

Michele Bullock cannot count on a honeymoon period when she takes over at the Reserve Bank of Australia in September. The country’s Treasurer Jim...

China-based Bank Pursuing Global Lending De-Dollarization Faces Challenges in Repaying Dollar Debts

A development bank established by the BRICS bloc of nations to reduce reliance on US dollar loans is having trouble finding dollars to repay...

Australian Central Bank Cautions About Inflation Risks, Predicts Challenges for Households

The head of Australia’s central bank on Wednesday pledged to do whatever is necessary to bring inflation back to target, warning that risks to...

Bank of Korea Anticipated to Keep Policies Unchanged Despite Growing Challenges

The Bank of Korea is widely expected to stand pat on Tuesday as inflation slows and financial-market jitters remain, with growing views that its...

Philippine Corporate Earnings Hit Record High, But Inflation Presents Challenges

Philippine companies beat 2022 consensus revenue estimates by the widest gap in at least nine years. Profit, however, lagged behind projections, as high interest...

OPEC’s decision to cut production creates challenges for the Fed’s anti-inflation efforts

A surprise production cut announcement this week from Saudi Arabia and several other OPEC+ oil producers complicates the Federal Reserve’s mission to cool the...

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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