Global Banking Monitor

Friday, May 3, 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: further

BOE Governor Indicates Possibility of Further Interest Rate Hikes in the UK

Bank of England Governor Andrew Bailey warned the central bank may have to raise interest rates again and that food and energy costs remain...

Inflation Eases Further in Sri Lanka, Offering Reprieve in July

Sri Lanka’s inflation pace reached single digits for the first time in 20 months, setting the stage for the central bank to slash borrowing...

Fed Raises Interest Rates by 0.25 Point, Hints at Possible Further Hike Amid Easing Inflation

Despite a recent pullback in inflation, the Federal Reserve raised its key interest rate by a quarter point Wednesday and signaled another hike is...

Rupee Expected to Decline Further on Growing Importer Demand Next Week

The rupee may extend its losses next week as importers step up their purchases of dollars to pay for goods and services, while the...

Fed Remains Open to Further Rate Hike Following Anticipated Increase This Month

Federal Reserve policymakers are primed to resume raising interest rates this month and remain open to a further increase later in the year. While officials...

Philippine Central Bank Remains Open to Potential Further Rate Hike

New Philippine central bank Governor Eli Remolona signaled that further monetary policy tightening is still on the table for the Southeast Asian country, and...

Vietnam Implements Further Interest Rate Cut to Boost Sluggish Economy

Vietnam’s central bank will implement a fourth round of monetary policy easing effective Monday to spur an economy that’s losing momentum amid slumping exports...

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...

Yellen Suggests Possibility of Further Bank Consolidation in the US

US Treasury Secretary Janet Yellen said Wednesday it would not be surprising to see further consolidation in the banking sector, as some are experiencing...

Australia’s Key Rate Raised in Unforeseen Move, Potential for Further Tightening Ahead

Australia’s central bank unexpectedly raised its key interest rate and kept the door open to further hikes, fretting that policy needs to be tighter...

ECB President Lagarde Warns of Intensifying Price Pressures, Signals Further Rate Hikes

European Central Bank President Christine Lagarde said inflation pressures remain powerful and borrowing costs will be raised further to tackle them — cementing expectations...

Chinese Yuan May Decline Further to Boost Economic Revival

Disappointing economic data, widening yield differentials with the United States, upcoming corporate dividend payments and continued capital outflows through foreign selling of stocks and...

China’s economy faces further strain as youth unemployment reaches unprecedented levels

As youth unemployment in China rises to a record high, college graduates are caught in a perfect storm — with some forced to take...

Czech Central Banker Holub Advocates for Further Increase in Interest Rates

The Czech central bank should raise interest rates further to prevent high inflation from becoming entrenched in the economy, board member Tomas Holub said...

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