Global Banking Monitor

Friday, May 10, 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: forecasts

Jefferies Forecasts Increased Investment Banking Fee Opportunities in India Following Successful 2023

Jefferies Financial Group expects investment banking fees in India to rise in the next couple of years as the number of deals grows, its...

Bank of Canada Chief Macklem Forecasts Rate Reduction in 2024

Bank of Canada Governor Tiff Macklem said he expects to start cutting interest rates next year but needs to see several months of sustained...

Factbox: US Banks’ Forecasts on Costs for Replenishing FDIC’s Deposit Insurance Fund

U.S. banks have started to detail the expected impact to their costs from the "special assessment" fee they have to pay to replenish the...

Bank of Ireland Raises Forecasts and Targets Higher Dividend

Bank of Ireland lifted its full-year guidance on Monday and said it expects to increase returns to shareholders after rising interest rates, a growing...

China Growth Forecasts Slashed for Next Year Despite Expected Support

China’s economic outlook is deteriorating into next year, with no clear consensus from analysts that the business environment will improve despite Beijing’s push to...

IMF Forecasts Slower Economic Growth of Around 3% for Honduras in 2023

Honduran economic growth is seen slowing to about 3% in 2023, the International Monetary Fund (IMF) estimated in a statement issued on Friday, pointing...

Australian Bank Forecasts 50% Probability of Recession in the Country This Year

The Commonwealth Bank of Australia (CBA) on Friday downgraded its economic forecasts following a recent cash rate increase, saying the country has a 50...

Canadian Economic Growth Exceeds Forecasts, Heightening Speculation of Rate Increase

The Canadian economy started off strong in the second quarter, extending a streak of better-than-expected growth and boosting the likelihood of another Bank of...

Analysts in Brazil Lower Inflation Forecasts and Maintain Confidence in High Interest Rate Predictions

Brazil analysts cut their 2023 inflation forecast for the second straight week while reaffirming bets for a slow monetary easing cycle after central bank...

UBS Forecasts $17 Billion Expense from Proposed Credit Suisse Merger

UBS Group AG (SIX:UBSG) has said it could stand to lose around $17 billion from its planned merger with smaller rival Credit Suisse (SIX:CSGN),...

World Bank Forecasts Sri Lankan Economy to Shrink by 4.3%

Amid the ongoing economic crisis, the Sri Lankan economy is projected to contract by 4.3 per cent in 2023 as demand continues to be...

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