Global Banking Monitor

Saturday, May 18, 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...

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Short Sellers Maintain Bearish Stance on Regional Banks Despite Improved Sentiment

Bets against regional banks continue to pile on even as the sector recovers from the turmoil that shook financial markets in March. Short interest as...

Consumer Debt Hits All-Time High of $17 Trillion, Despite Decrease in Mortgage Demand

Total consumer debt hit a fresh new high in the first quarter of 2023, pushing past $17 trillion even amid a sharp pullback in...

Why top industrial CEOs remain bullish about the economy despite recession worries

The industrial economy is on solid footing and activity is expected to pick up later this year, top CEOs in the space exclusively told...

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...

Chinese Banks Lead S&P Regional Market Cap Table Despite Global Banking Turmoil

Chinese lenders largely shrugged off the recent banking crisis in developed markets, gaining in value to take the top five spots in a league...

Bank of Canada to Keep Interest Rates Steady Despite Economic Growth

The Bank of Canada is expected to take in stride surprising recent economic strength and leave interest rates unchanged at its meeting on Wednesday,...

Australian PM Deems Recent Inflation Figures ‘Pleasing’ Despite Cost of Living Pressures

Prime Minister Anthony Albanese said on Saturday he was pleased to see inflation retreating in Australia, but cautioned that cost of living pressures remained...

Canadian Economy Shows Unexpected Strength Despite Recent Interest Rate Increases

Canada’s economy kept growing at the start of this year, defying expectations of a stall and eventual technical recession in the face of the...

China’s Big Banks Anticipate Tough Year Despite Profit Increases

China’s biggest state-owned banks warned of a tough 2023 as uncertain economic conditions may squeeze earnings after most delivered better-than-estimated profit growth for last...

IMF sounds warning on future challenges despite current stability in financial markets

After a turbulent Friday and the rumbling of the worst financial crisis since 2008, the UK and European stock markets have largely calmed. Germany's largest...

Bank deposits drop by nearly $100 billion despite assurances of ‘sound and resilient’ system

Regulators again assured the public that the banking system is safe, as fresh data showed customers recently pulled nearly $100 billion in deposits. Treasury Secretary...

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