Global Banking Monitor

Saturday, May 4, 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: impact

Asian Development Bank Commits $100 Billion Investment for Maximum Climate Impact

Setting the scene for a low-carbon and climate-resilient Asia and the Pacific, the Asian Development Bank (ADB) plans to invest $100 billion of its...

The Impact of Asia’s Economic Revolution on the Global Stage

The phrase “factory Asia” describes one of history’s most impressive economic achievements. Over the past half-century Japan, South Korea, Taiwan and, more recently, China...

Bank of England Governor Warns Against Underestimating Inflation Impact

UK inflation might not fall as quickly as some are hoping, the governor of the Bank of England has warned. Andrew Bailey told MPs that...

Yuan’s Impact Pushes Dollar to Fresh Downturn

The dollar slipped to fresh milestone lows on the euro, yen and other major currencies on Tuesday, as China guided the yuan higher and...

UK House-Building Declines Again Amidst Impact of Rate Hikes: PMI

Britain’s construction sector returned to growth in July but house-builders suffered another sharp contraction due to higher interest rates and fears about the outlook...

Fitch’s Downgrade of US Credit Rating Amid Fiscal Face-Offs Creates Impact

On Tuesday, Fitch Ratings said it was knocking down the country's long-term foreign-currency issuer default rating (IDR) to 'AA+' from the highest score available...

Bank of America CEO Raises Concerns about Impact of Higher Capital Requirements

Bank of America CEO Brian Moynihan said U.S. authorities need to be careful when implementing new capital requirements of the Basel III accord to...

Investment Banking Giants Feel the Impact of the Great M&A Slump

A few years ago, top investment bankers at Goldman Sachs Group Inc. wouldn’t even bother picking up phone calls from recruiters at smaller rivals....

IMF and Argentina Close to Agreement, Impact on Peso Anticipated

The International Monetary Fund (IMF) should in the coming days finalize the basis for a staff level agreement with Argentina over a review of...

Think Tank Calls for BOE to Study Impact of QE on UK Economy

The Bank of England should conduct a formal review of its quantitative easing stimulus program before using the tool to print money again, a...

Chinese Banks Dealt Another Blow as Mortgage Refinancing Pushes Impact

Chinese banks’ profits may take a hit as policymakers urge lenders to lower the refinancing costs on $5.4 trillion of home loans, adding further...

New Zealand Inflation Expected to Slow Significantly Amidst Rate Hikes Impact

New Zealand inflation probably slowed markedly in the second quarter as the central bank’s aggressive interest-rate increases began to take their toll. Consumer prices rose...

Fed Cautions That Tighter Credit Conditions Could Impact US Growth

The Federal Reserve warned Friday that tighter U.S. credit conditions following a spate of bank failures in the spring could hinder economic growth this...

Slowdown in Developed World Expected to Impact India’s Remittance Inflows

Growth of remittance flows into India this calendar year is likely to decelerate to 0.2 per cent amid an economic slowdown in Organization for...

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