Global Banking Monitor

Wednesday, May 15, 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: quarter

Swiss National Bank Records $15 Billion Loss in Second Quarter

The Swiss National Bank (SNBN.S) said on Monday it lost 13.2 billion Swiss francs ($15.14 billion) in the second quarter, despite raking in interest...

Weak Second Quarter Makes SNB Payout to Switzerland Less Likely

A Swiss National Bank payout to the Swiss government and cantons for 2024 is looking less likely after losses in the second quarter halved...

Swiss National Bank Reports $15 Billion Loss in Second Quarter

The Swiss National Bank SNBN.S posted a second quarter loss of 13.20 billion Swiss francs ($15.14 billion), it said on Monday, as interest rate...

U.S. Banks Concerned About Interest Income Weakness Despite Upbeat Quarter

Comerica and Huntington Bancshares on Friday sharply cut their interest income growth forecasts for 2023, the latest U.S. banks to sound the alarm over...

Euro Area Dodges Recession as 1st Quarter Stagnates

The euro-area economy avoided a winter recession after all, with revised data showing it stagnated at the start of this year instead of shrinking...

First Republic to Lose a Quarter of Branches as JPMorgan Announces Closures

JPMorgan Chase is pulling the plug on 21 branches acquired during its takeover of failed regional bank First Republic. In a statement on Thursday, JPMorgan...

FDIC Identifies Growing Number of Banks with Weaknesses in First Quarter

The number of banks with financial, operational or managerial weaknesses increased during the first three months of this year, according to the Federal Deposit...

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...

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