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: lowers

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...

Bank Indonesia Holds Policy Rate Steady, Lowers RRR for Select Banks

Bank Indonesia kept its key rate at a four-year high to shield the rupiah ahead of a widely expected tightening by the US central...

Hungary Lowers Key Interest Rate, Seeking to Stimulate Economy

Hungary cut its key interest rate for the first time in three years as it begins to dismantle an emergency monetary regime that halted...

Switzerland Lowers Bonus Payouts for Credit Suisse’s Senior Management

Switzerland has instructed Credit Suisse (CSGN.S) to cancel or reduce all outstanding bonus payments for the top three levels of management and examine whether...

Morgan Stanley Lowers Regional Banks Outlook, Prompting Western Alliance’s Financial Update to Suffer Share Price Drop

The outlook for bank stocks remains muddy with first quarter earnings around the corner. Morgan Stanley cut its outlook for midsize banks early Wednesday...

Positive Inflation Data Boosts Stocks, Lowers U.S. Yields

A gauge of global stocks was on course for its biggest weekly percentage gain in 4-1/2 months on Friday, with the two-year U.S. Treasury...

Japan lowers expectations for industrial output, monitors market volatility closely

Japan's government cut its assessment of the strength of industrial production for the first time in three months in March, pointing to weakening demand...

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