Global Banking Monitor

Thursday, April 25, 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...

Tag: costs

Slok Warns of Sustained Elevated Funding Costs for Regional Banks

US regional banks are seeing “permanently” elevated funding costs relative to their major competitors in the wake of the March turmoil that upended the...

Factbox: US Banks’ Forecasts on Costs for Replenishing FDIC’s Deposit Insurance Fund

U.S. banks have started to detail the expected impact to their costs from the "special assessment" fee they have to pay to replenish the...

Bank of England Warns of High Rates as Borrowing Costs Reach 15-Year Peak

The Bank of England raised its key interest rate by a quarter of a percentage point to a 15-year peak of 5.25% on Thursday,...

Deutsche Bank’s Strong Trading Performance Dimmed by Escalating Costs

Deutsche Bank AG Chief Executive Officer Christian Sewing said he’s optimistic the lender can keep increasing revenue through next year, helping offset headwinds from...

UK Borrowing Costs Plummet Following Surprise Drop in Inflation

U.K. government borrowing costs fell sharply Wednesday morning as a cooler-than-expected inflation print rippled through markets. The yield on two-year U.K. government bonds, which are...

Vietnam’s Inflation Continues Downward Trend in May, Driven by Reduced Fuel Costs

Vietnam's consumer prices recorded a downward trend in May as fuel costs continued to drop in line with the international market, according to the...

Expectations of Bank of England’s Base Rate Soaring to 5.5% Next Year Fuel Escalation in Mortgage Costs

Britain's largest building society has made some mortgages more expensive as the Bank of England's interest rate is now expected to rise higher than...

Royal Bank to Scale Back Hiring Following Earnings Disappointment Due to Increased Costs

Royal Bank of Canada missed analysts’ estimates as expenses and loan-loss provisions increased, making it the latest lender to take a profit hit due...

China’s industrial profits hampered by soft demand and elevated costs

As the world's second-largest economy is still struggling to fully recover from the long-term effects of COVID-19, most notably soft demand and high costs,...

Shares of Deutsche Bank fall 14% due to a sudden surge in default insurance costs

Deutsche Bank shares fell on Friday following a spike in credit default swaps Thursday night, as concerns about the stability of European banks persisted. The...

Record-high education costs in Korea negatively impact fertility

South Korea’s private schooling costs rose to a new record and the number of students using them shattered the previous all-time high, highlighting the...

Inflation Decreases to 6%, but Housing Costs Remain High as the Fed Monitors ‘Supercore’ Inflation

The latest inflation numbers are in line with expectations, dropping to 6% year-over-year, with “supercore” inflation increasing slightly, according to Labor Bureau data. Supercore inflation...

City with Highest Housing Costs Faces Dilemma of 40,000 Unoccupied Quarantine Units

Behind the gleaming skyscrapers and multimillion-dollar homes that have made this city the world’s most expensive property market lies a far less attractive parallel...

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