Global Banking Monitor

Monday, April 29, 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: drop

Venezuela’s Gold Reserves Drop by Nearly 12% in Six Months

Venezuela's gold reserves fell by eight metric tons in the year's first half, central bank data showed on Friday, continuing a years-long reduction in...

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....

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...

FDIC Reports Steepest Drop in US Bank Deposits in 39 Years at the Start of 2023

US banks lost $472 billion in deposits in the first quarter, according to a new quarterly report from the Federal Deposit Insurance Corporation (FDIC)...

BoE Faces Mounting Pressure as UK Inflation Drop Misses Expectations

Britain's stubbornly high inflation rate fell by less than expected last month and a closely watched measure of core price rises surged to a...

Global Investment Banks Witness Profit Drop in China

Profits at Goldman Sachs, Morgan Stanley and a clutch of other western banks in China fell sharply last year, as Covid-19 lockdowns and geopolitical...

US banks experience historic drop in lending by $105 billion in just two weeks

The banking industry in the United States is still struggling after the collapse of three major banks. According to statistics, bank lending in the...

US bank lending sees largest drop on record in last weeks of 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...

Surprise Jump in Jobless Claims Causes Dow Jones to Fall; Costco’s Sales Drop

The Dow Jones Industrial Average fell Thursday morning after a surprise jump in the Labor Department's weekly first-time jobless claims. Meanwhile, membership warehouse retailer...

S&P 500 and Treasury Yields Drop as Recession Worries Intensify Amidst Soft Data

U.S. stocks lost ground on Wednesday and Treasury yields extended their decline as a batch of data fueled worries that restrictive central bank policies...

Morgan Stanley Lowers Regional Banks Outlook, Prompting Western Alliance’s Financial Update to Suffer Share Price Drop

The outlook for bank stocks remains muddy with first quarter earnings around the corner. Morgan Stanley cut its outlook for midsize banks early Wednesday...

Wall Street Bonus Payouts Drop by 26% Amidst Inflation and Higher Interest Rates

Wall Street bonuses fell 26% in 2022 amid rising interest rates and fears of a recession.According to a report released Thursday from New York...

Small US banks face a record drop in deposits following SVB’s collapse

Deposits at small US banks dropped by a record amount following the collapse of Silicon Valley Bank on March 10, data released on Friday...

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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