Global Banking Monitor

Friday, April 19, 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: may

Barclays Anticipates BoE to Implement Rate Cut in May 2024

Barclays said on Friday it expects the Bank of England (BoE) to start its interest-rate cut of 25 basis points in May, compared to...

Bank of Estonia Warns: Loan Repayment May Become Slightly More Challenging

While the share of bad loans remains very low in Estonia, a recent analysis by the Bank of Estonia (Eesti Pank) suggests their number...

Fed’s Bowman Suggests More Rate Hikes May Be Necessary

Federal Reserve Governor Michelle Bowman said the US central bank may need to raise rates further in order to fully restore price stability. “Additional rate...

Fed’s Bowman Suggests More Hikes May Be Necessary to Tackle Inflation

Federal Reserve Governor Michelle Bowman said the US central bank may need to raise rates further in order to fully restore price stability. “Additional rate...

Economists Suggest European Central Banks May Accelerate Bond Sales

European central banks could accelerate the process of shrinking their vast bond portfolios, according to officials and economists, who say this would reinforce their...

ECB Hawks Caution That Rate Hikes May Extend Beyond Summer

Brussels: Bundesbank President Joachim Nagel kicked off warnings from hawkish officials that the European Central Bank’s historic campaign of interest-rate hikes may need to...

China Under Pressure to Stimulate Economy, but Rate Cuts Alone May Not Suffice

Expectations are growing that China’s government will boost spending on infrastructure as part of a broader stimulus push following the central bank’s interest rate...

Saudi Central Bank May Take Measures to Provide Liquidity to Banks, Says Capital Economics

The Saudi Central Bank, known as SAMA, may need to inject liquidity into the banking sector like it did last year as interbank rates...

Another Crucial Inflation Gauge Records Steep Decline in May

US inflation at the wholesale level has cooled once again, this time landing well below its pre-pandemic average. The Producer Price Index showed that annual...

Canada’s May Unemployment Rate Increases, Breaking a Nine-Month Decline

Canada unexpectedly shed jobs in May and the unemployment rate rose for the first time in nine months, data showed on Friday, a first...

China’s Slowing Economic Recovery Evident as Trade Declines in May

China’s exports fell 7.5% from a year earlier in May and imports were down 4.5%, adding to signs an economic rebound following the end...

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...

ECB Views Core Price Trend in May as Cause for Concern

Most European Central Bank officials expressed concern over the path of underlying consumer prices — the key focus in determining how high they push...

Sri Lanka’s Inflation Decelerates Once Again in May Ahead of Rate Meeting

Sri Lanka’s inflation pace slowed for the fourth month in May on record gains in the local currency and improving food and fuel supplies,...

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