Global Banking Monitor

Saturday, April 27, 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...

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Can China Reclaim Its Economic Miracle in 2024?

China's disappointing post-COVID recovery has raised significant doubts about the foundations of its decades of stunning growth and presented Beijing with a tough choice...

End of an Era: Bank Indonesia Nears the Conclusion of its Tightening Measures

Bank Indonesia will probably keep borrowing costs unchanged and mark the end of its tightening cycle as the worst seems to be over for...

Russia Claims JPMorgan Suspends Processing of Its Grain Payments

U.S. bank JPMorgan (JPM.N) this week stopped processing payments for the Russian Agricultural Bank, Russia said on Friday, as it demanded action, not promises,...

How China Is Working to Stimulate Its Weak Economy

China has made a number of pledges recently to revive the economy’s recovery and improve the business environment as concerns about the growth outlook...

How China Is Backing Its Economy Amid Anticipation for Stimulus

China has announced several measures recently to boost the economy and made a number of pledges to improve the business environment as concerns about...

Barclays Said to be Considering Selling Its German Consumer Finance Business

Barclays Plc is preparing the sale of its consumer-finance business in Germany and has held preliminary talks with potential buyers, according to people familiar...

BOE Agrees to External Scrutiny of Its Forecasting Errors in the UK

The Bank of England has agreed to an external review of its forecasting process after failing to anticipate the scale of the current inflation...

Peru’s Central Bank Signals Delay in Achieving its Inflation Target

Peru's central bank expects inflation to converge to its target in 2024, not the end of this year as previously estimated, the bank's manager...

Economists Confident: Thailand’s Key Rate Likely to Have Reached its Peak at 2%

Thailand’s central bank is ready to take its foot off the pedal after driving borrowing costs to the highest in eight years, according to...

ECB’s Villeroy Indicates French Inflation Likely Over its Peak

The rate of consumer-price rises in France has probably passed its peak, the country’s central bank governor, Francois Villeroy de Galhau, said on Wednesday. “We...

Spanish inflation unexpectedly slows, nearing its lowest level in two years

Spanish inflation unexpectedly slows, nearing its lowest level in two years Spanish inflation slowed by more than anticipated, supporting the European Central Bank officials who...

Fed still has its foot on the pedal, says Loomis

The Federal Reserve is most likely halting its interest-rate hikes in June, but a strong easing cycle isn’t in the cards with inflation remaining...

Wall Street’s stance on good news shifts as bad news loses its positive impact

There’s been a seismic shift in investor perspective: Bad news is no longer good news. For the past year, Wall Street has hoped for cool...

Schwab Has Its Worst Month since 1987 Due to Cash Management Woes

Charles Schwab Corp.’s worst month in more than 35 years has sparked a debate among analysts as to whether the brokerage giant has been...

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