Global Banking Monitor

Monday, April 29, 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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US Small Banks Not Fully Prepared for Emergency Borrowing from Fed

The lightning-fast collapse of Silicon Valley Bank this spring laid bare an inconvenient truth: Some U.S. banks are not prepared to borrow from the...

Insight: Some Small US Banks Not Ready for Emergency Borrowing from Fed

The lightning-fast collapse of Silicon Valley Bank this spring laid bare an inconvenient truth: Some U.S. banks are not prepared to borrow from the...

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...

Why Deutsche Bank Insists on the Inevitability of an Economic Downturn, Recession or Not

Odds of a U.S. recession have been hotly debated with the labor market and consumer spending showing resiliency even after some of the most...

Kenya Central Bank Deems Digital Currency Not a ‘Compelling Priority’

Kenya's central bank does not consider the issuance of a digital currency a "compelling priority" but it will continue monitoring developments in the area...

IMF urges Fed to raise rates more, stating “The job is not quite yet done”

The International Monetary Fund said Friday in a new report that the US can avoid a recession this year, and that the Federal Reserve...

Fed’s Rates Not Restrictive Enough, States Mester

The Federal Reserve has yet to reach a point where interest rates are sufficiently restrictive, the president of the Cleveland Fed said, suggesting she...

Yellen says OPEC+ production cut ‘regrettable’ and ‘not positive’ for global growth

said Monday that the unexpected oil production cut announced by OPEC+ is an unconstructive act that will create more uncertainty for the global economy...

Data is the new oil… well, ok, not yet.

This is an opinion post by Ewan MacLeod, originally posted on New Era Digital Partners' LinkedIn Page and is republished with permission. This week...

Markets and the economy survived a tough first quarter, but it’s not going to get any easier

The economy and stock market head into the second quarter facing both headwinds and tailwinds, with investors left to sort it all out after...

Analysts say it’s ‘sentiment contagion,’ not another banking crisis

The collapse of U.S.-based Silicon Valley Bank, the biggest bank failure since the global financial crisis, and the emergency rescue of Credit Suisse by...

Chinese economic recovery foundation not strong enough, warns party official

The foundation of China’s economic recovery is not solid enough, a senior Communist Party official said on Saturday, warning of possible spillover effects from...

JPMorgan, Citi, BofA instruct staff not to poach clients from troubled banks

As a series of U.S. lenders were besieged by customers yanking out their money this month, banking behemoths including JPMorgan Chase & Co (JPM.N),...

Inflation Battle Continues: Fed Indicates Fight Is Not Over

The market is adamant that we’re living in historic times, so it’s best to treat them accordingly. The weekend saw a package of measures...

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