Global Banking Monitor

Saturday, April 27, 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: downturn

Warning Signs: US Banks at Risk of $160 Billion in Losses Amid Commercial Real Estate Downturn

The commercial real estate sector is at risk of seeing its biggest crash since 2008, and that could slam US banks with up to...

Recession Confirmed: Bank of Finland and Finance Ministry Align on Economic Downturn

The Bank of Finland and the Ministry of Finance have confirmed that the nation is currently in a recession. Both authorities have defined the decline...

Yuan’s Impact Pushes Dollar to Fresh Downturn

The dollar slipped to fresh milestone lows on the euro, yen and other major currencies on Tuesday, as China guided the yuan higher and...

Goldman Sachs Reports 58% Drop in Profits Amid Dealmaking Downturn

Goldman Sachs reported a sharp drop in profit on Wednesday as dealmaking and trading, a core part of the mega bank’s business, dry up....

Why Deutsche Bank Insists on the Inevitability of an Economic Downturn, Recession or Not

Odds of a U.S. recession have been hotly debated with the labor market and consumer spending showing resiliency even after some of the most...

Economist Anticipates Looming Recession, Predicting a Prolonged Downturn

Days after Silicon Valley Bank failed, Apollo Global Management APO +2.00% Chief Economist Torsten Sløk turned bearish on the economic outlook, flipping from a...

China’s Economic Downturn Exposed, Reopening Boom Deemed Illusion by Market Expert

Confidence that China's economy can rebound from Covid restrictions is untethered to economic realities, Rockefeller International chair Ruchir Sharma wrote in the Financial Times. "Something...

European Shares Gain In Thin Trade As Manufacturing Downturn …

(RTTNews) - European stocks traded higher on Monday after recording their worst annual performance since 2018 last year. Trading volumes remained thin due to New...

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