profits Archives - Global Banking Monitor

Goldman Sachs Reports 58% Drop in Profits Amid Dealmaking Downturn

Goldman Sachs reported a sharp drop in profit on Wednesday as dealmaking and trading, a core part of the mega bank’s business, dry up....

Big Banks Start Distributing Profits from Fed Rate Hikes to Depositors

As big US banks earn more from lending, the question has gnawed: When will depositors see their reward? It’s finally starting. Interest expense at Wells...

America’s Inflation Wave Driven by Corporations Seeking to Increase Profits, Says UBS Economist

The worst inflation in four decades has proved quite the ride for consumers over the past two years, and recently, it’s even helped the...

China’s industrial profits suffer an 18% decline in April due to sluggish demand

Profits at China's industrial firms slumped in the first four months of 2023, official data showed on Saturday, as companies continued to struggle with...

China’s industrial profits hampered by soft demand and elevated costs

As the world's second-largest economy is still struggling to fully recover from the long-term effects of COVID-19, most notably soft demand and high costs,...

Sanctions take a heavy toll on Russia’s largest bank, with profits plunging by 78%

It's getting exciting over in Russia... Russia’s dominant lender Sberbank reported a nearly 80% plunge in 2022 net profit Thursday as sweeping Western sanctions rattled...

Stripe employees get to sell $1bn of shares

Strategies for Upskilling Your Workforce in an AI-Driven Economy

Five Strategies for Enhancing Internal Communications in Banks

Tag: profits