Global Banking Monitor

Sunday, May 5, 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: key

Philippine Central Bank Chief Rules Out Key Rate Cut in Near Future

The Philippine central bank is unlikely to pivot to monetary policy easing in the next few months as inflation risks persist, Governor Eli Remolona...

Argentina Implements Unconventional Move, Slashing Key Rate to 100% through Policy Tool Swap

Argentina’s central bank changed its benchmark tool for monetary policy Monday, replacing four-week notes with one-day transactions in a bid to lower borrowing costs. The...

Insights from Bank of America: 5 Key Indicators for an Approaching Recession

So far, the US economy has staved off a recession, but Wall Street remains mixed on its outlook for the year ahead. Bank of...

Seamless Saudi Arabia 2023: Highlights and Key Insights

Saudi Arabia is in the midst of a digital transformation, positioning itself as a prominent global investment hub. Seamless was Saudi Arabia's event dedicated...

Georgian Central Bank Lowers Key Interest Rate by 25 Basis Points to 10.25%

Georgia's central bank cut its key refinancing rate to 10.25% from 10.5% on Wednesday, citing a decline in inflation, but said that risks remained...

Thailand Poised to Raise Key Interest Rate to Nine-Year High

Thailand’s central bank is poised to deliver another rate increase in line with an unwavering post-pandemic tightening strategy despite rapid disinflation and political gridlock. Bank...

Colombia Maintains Key Rate at 13.25% as Inflation Surpasses Regional Peers

Colombia held interest rates at a 24-year high on Monday to curb inflation that far exceeds that of regional peers. The central bank kept its...

Bank Liquidity Stress Persists, Impacting Key Overnight Funding Market

Borrowing activity in the federal funds market is signaling that stress in the US banking system hasn’t fully gone away. Although a decline in total...

Denmark Raises Key Interest Rate by 25 Basis Points in Line with ECB Decision

Denmark’s central bank mirrored its European counterpart and added 25 basis points to its benchmark interest rate to support the krone’s peg to the...

Bank Indonesia to Hold Interest Rates Steady in Anticipation of Key Fed Meeting

Indonesia’s central bank will likely keep its benchmark interest rate at a four-year high to support the rupiah amid expectations the Federal Reserve will...

Brazil’s Economic Activity Plunges, Raising Expectations for Key Rate Cut

Brazil’s economy shrank more than expected in May according to the central bank’s main gauge of activity, as President Luiz Inacio Lula da Silva’s...

Peru Maintains Key Rate at Two-Decade High Amidst Decreasing Inflation

Peru held interest rates at a 22-year high on Thursday as policymakers wait for more evidence that inflation is slowing decisively toward its target. The...

Growth Takes Priority Over Inflation as Key Concern for Taiwan’s Economy

Taiwan delivered the latest signal that weakening growth is quickly overtaking inflation as the primary concern in the capitals of Asia’s exporting economies. The central...

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...

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