Global Banking Monitor

Thursday, April 25, 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: expectations

US Short-Term Inflation Expectations Reach Lowest Point Since 2021

US consumers remained sanguine about the inflation outlook as 2023 drew to a close, contributing to a robust rebound in sentiment. Americans expect prices will...

Japanese Inflation Rises Amid Increasing BOJ Pivot Expectations

Japan’s core consumer price growth picked up slightly in October, after easing the previous month, reinforcing investors’ views that stubborn inflation may push the...

BOE Governor Advises Markets Against Quick Expectations of Inflation Reduction

Andrew Bailey has warned markets against underestimating the persistence of UK inflation and stressed he expected the Bank of England would keep interest rates...

Pound’s Glory Days Diminish as Expectations for Higher Rates Fade

The pound’s unexpected rally this year may have finally run out of steam as the Bank of England moves closer to wrapping up its...

Emirates NBD Surpasses Expectations with Profit Surge Driven by Margins and Deposits

Emirates NBD PJSC’s net income for the second quarter beat estimates as higher margins, an improved deposit mix and loan recoveries raised revenue. Dubai’s biggest...

Japan’s 10-Year Yield Declines as Hawkish BOJ Expectations Fade

The benchmark 10-year Japanese government bond yield fell on Monday amid receding speculation about a hawkish policy tweak by the central bank this week. The...

ICICI Bank Exceeds Expectations as Quarterly Profit Soars on Strong Loan Growth

ICICI Bank Ltd.’s first-quarter profit topped estimates, underpinned by sustained demand for retail loans in the world’s most populous country. Net income climbed to 96.5...

Turkey’s Central Bank Lifts Interest Rate to 17.5%, Falling Short of Market Expectations

Turkey’s central bank on Thursday hiked its key interest rate by 250 basis points to 17.5%, coming in below analyst forecasts of 500 basis...

Fifth Third Bancorp Exceeds Profit Expectations with Strong Interest Income

Fifth Third Bancorp on Thursday posted a better-than-expected second-quarter profit, as interest rate hikes by the U.S. central bank boosted its interest income. On an...

Brazil’s Economic Activity Plunges, Raising Expectations for Key Rate Cut

Brazil’s economy shrank more than expected in May according to the central bank’s main gauge of activity, as President Luiz Inacio Lula da Silva’s...

Brazil’s Economic Activity Surpasses Expectations Prior to Interest Rate Decision

Brazil’s economy expanded more than expected in April according to the central bank’s main gauge of activity, one of the final data releases ahead...

Australian Jobs Report Surpasses Expectations, Fueling Speculation of Rate Hike

Australian employment smashed expectations in May and unemployment surprisingly declined, bolstering the case for the Reserve Bank to raise interest rates further to counter...

China’s Unexpected Rate Cut Heightens Expectations of Further Easing Measures

China’s central bank surprised most economists and market participants by cutting a short-term policy interest rate, a sign that officials are increasingly concerned about...

Mexico’s Annual Inflation Reaches Lowest Level Since August 2021, Surpassing Expectations

Mexico's annual inflation rate slowed in May for a fourth consecutive month to 5.84%, data from statistics agency INEGI showed on Thursday, beating forecasts...

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