Global Banking Monitor

Monday, May 6, 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: forecast

Brazil Central Bank Adjusts Downward 2024 Economic Growth Forecast

Brazil’s central bank trimmed its 2024 economic growth forecast as strong household consumption dwindles in the face of restrictive monetary policy. The bank expects gross...

UOB’s Profit Beats Estimates, but Fee Growth Forecast Lowered

United Overseas Bank Ltd. lowered its fee income growth forecast for 2023, signaling a more challenging outlook, even as it reported second-quarter profit that...

Morgan Stanley Upgrades Economic Growth Forecast, Cites Biden Infrastructure “Boom”

Morgan Stanley raised its economic growth forecast up this week, citing a "boom in large-scale infrastructure" driven by President Biden’s Infrastructure bill, according to...

Bank of England Faces Increasing Demands to Expedite Review of Forecast ‘Bungles’

The Bank of England has been urged to speed up a review into its forecasting “bungles” after public confidence in the institution fell to...

RBI-MPC Likely to Make Minor Downward Revision to Inflation Forecast: Bank of Baroda Chief Economist

The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) may lower the inflation forecast marginally and will not change the repo rate at...

World Bank Raises Cambodia’s Growth Forecast for 2023 to 5.5%

The World Bank on Thursday raised its growth forecast for Cambodia to 5.5 per cent in 2023, up from its earlier projection of 5.2...

World Bank Chief Raises Global Growth Forecast for 2023, Citing Improving Debt Outlook

World Bank Group President David Malpass said on Monday that the lender has revised its 2023 global growth outlook slightly upward to 2% from...

Ecuador’s Central Bank Cuts 2023 Growth Forecast on Reduced Oil Exports

Ecuador's central bank on Friday cut the Andean country's economic growth forecast for the year to 2.6%, from 3.1%, citing the impact of reduced...

IMF cuts SA’s economic growth forecast and urges reforms

South Africa must implement reforms to boost private-sector investment, promote good governance and improve the efficiency of public spending to shore up an economy...

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