Global Banking Monitor

Thursday, May 9, 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: due

UK Faces ‘Mild Recession’ Due to Rate Hikes, Predicts Moody’s

The UK is headed for a “mild recession” this year as higher-than-expected inflation and rising interest rates take their toll on household finances, according...

ECB Sounds Alarm on Market Stability Due to Rate Hikes

The European Central Bank said that financial markets will be vulnerable to negative shocks as it continues the fight against inflation, with real estate...

National Bank of Canada’s Profit Declines Due to Rising Provisions

National Bank of Canada reported a fall in second-quarter profit on Wednesday as a shaky economy and a meltdown in the U.S. banking sector...

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...

Japanese Banks Confront Heightened Credit Risk due to Accelerated Transition Financing

Japanese lenders' plans to step up support for the government's climate goals expose them to greater credit risks, as such funding could put them...

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...

Schwab Has Its Worst Month since 1987 Due to Cash Management Woes

Charles Schwab Corp.’s worst month in more than 35 years has sparked a debate among analysts as to whether the brokerage giant has been...

China’s 5% GDP Target at Risk Due to Credit Suisse Scandal

The trauma from the 2008 “Lehman shock” still looms large in the psyches of Asian policymakers. This can be seen by how quickly Credit...

Chinese officials detain staff of US due diligence firm following raid

Chinese authorities have raided the Beijing office of US-headquartered due diligence firm Mintz Group and detained five staff. “We can confirm that Chinese authorities have...

Binance temporarily stops accepting deposits and withdrawals due to technical issues, according to CEO

Cryptocurrency exchange Binance has resumed withdrawals on its platform after technical issues affected spot trading, the company said in a tweet. Binance suspended deposits and...

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...

Switzerland’s wealth management leadership at risk due to Credit Suisse’s collapse, according to analysis

The fall of Credit Suisse (CSGN.S) has dealt a serious blow to Switzerland's credentials as the world's leading wealth management centre, experts warn, calling...

JPMorgan’s Kolanovic Reduces Equity Allocation Due to Recessionary Threats

JPMorgan Chase & Co. strategist Marko Kolanovic continues to see risks for the stock market, as he reduced the bank’s recommended equity allocation once...

- A word from our sponsors -

spot_img

Follow us

HomeTagsDue