Global Banking Monitor

Saturday, December 2, 2023

Dollar to Weaken Over Next 2 Years, UniCredit Says

UniCredit Research expects “moderate dollar weakness” over...

Bank of Canada Governor Indicates Potential Cease in Interest Rate Increases

Bank of Canada Governor Tiff Macklem recently...

Tag: move

The Bank of Japan’s Unexpected Move – Why It Matters to Markets

The Bank of Japan announced Friday “greater flexibility” in its monetary policy — surprising global financial markets. The central bank loosened its yield curve control...

Citigroup’s Move to Wealth Management Viewed as Risky Bet

Since the company’s collapse during the 2008 recession, Citigroup’s stock has continuously struggled, with shares falling more than 30% over the past five years. In...

Scotiabank Looks into Synthetic Risk Transfer as Capital Rules Move Forward

Bank of Nova Scotia has been sounding out investors for a potential synthetic notes offering to boost its capital buffers, according to people with...

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...

Fed’s Next Move Being Underestimated by Markets, Warns Bank of America

Markets are currently pricing in a pause in the Federal Reserve's interest rate increases next month. A move that will come before the central...

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