Global Banking Monitor

Monday, May 13, 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: decline

Canada’s May Unemployment Rate Increases, Breaking a Nine-Month Decline

Canada unexpectedly shed jobs in May and the unemployment rate rose for the first time in nine months, data showed on Friday, a first...

Chinese Yuan May Decline Further to Boost Economic Revival

Disappointing economic data, widening yield differentials with the United States, upcoming corporate dividend payments and continued capital outflows through foreign selling of stocks and...

China’s industrial profits suffer an 18% decline in April due to sluggish demand

Profits at China's industrial firms slumped in the first four months of 2023, official data showed on Saturday, as companies continued to struggle with...

UK’s Inflation Rate Set to Experience Steepest Decline in Three Decades

Britain’s inflation rate is likely to fall at the sharpest pace in more than 30 years when April figures are reported on Wednesday, giving...

Lebanese Economy Continues to Decline, No Signs of Stabilization, Warns World Bank

The Lebanese economy is in a steep decline and is a long way from any path towards stabilisation, according to the World Bank. The collapse...

US bank lending sees steepest decline on record in late March

US bank lending contracted by the most on record in the last two weeks of March, indicating a tightening of credit conditions in the...

US Bank Deposits and Lending Decline During Turbulent Week

Deposits at US banks fell sharply and lending declined by the most in nearly two years amid financial turmoil triggered by the collapse of...

Signs of economic decline emerge in Russia

The opening months of Russia’s invasion of Ukraine last year drove an increase in oil and natural-gas prices that brought a windfall for Moscow....

Americans’ expected home price growth shows broad decline, says NY Fed

Americans’ expectations for home price increases over the next year moderated sharply in a new report on the outlook for the housing sector, released...

2-Year Treasury Yield Registers Biggest Decline Over Three-Day Period Since 1987 Stock Crash Fallout

Investors swarmed into U.S government bonds Monday after the collapse of Silicon Valley Bank and subsequent government backstop of the banking system. The rush...

Mortgage rates post big decline amid Silicon Valley Bank fallout

Mortgage rates fell sharply on Monday as the stunning collapse of Silicon Valley Bank triggered fears of a broader banking meltdown. The average rate on...

Two-year Treasury yield suffers largest 2-day decline since 2008 financial crisis

The yield on the 2-year Treasury note fell sharply on Friday as the shutdown of Silicon Valley Bank sparked a flight to safer assets...

SVB sparks concerns over capitalization, leading to a decline in bank stocks

The S&P 500 bank index tumbled nearly 6% on Thursday in its biggest one-day drop in over two years as investors fled the industry...

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