Global Banking Monitor

Wednesday, April 24, 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: remain

US Banks’ Reserves Remain Stable, Easing Concerns Over Liquidity Drainage

A feared liquidity drainage in the U.S. banking system as the Treasury refills its coffers has not materialised yet, on the contrary reserves increased...

EY to Remain UBS Auditor Post Credit Suisse Acquisition

UBS Group (UBSG.S) has decided to retain EY as its external auditor, enlarging its role to include Credit Suisse's accounts from 2024, the Financial...

Egypt’s Inflation Speeds Up Again, Projected to Remain Above 30%

Egyptian inflation accelerated after a monthlong respite, as a round of price increases by authorities fans pressures already building following three currency devaluations. Consumer prices...

Bank Borrowings from the Federal Reserve Remain Stable, Showing Little Change Compared to Last Week

Borrowing from the Federal Reserve’s backstop liquidity facilities were little changed last week, even as strains in the banking sector remain in focus. The US...

Fed’s Logan Sees No Case for June Pause Yet as Prices Remain High

Dallas Fed President Lorie Logan said the case for pausing interest rate increases at the central bank’s June meeting isn’t yet clear, while her...

Why top industrial CEOs remain bullish about the economy despite recession worries

The industrial economy is on solid footing and activity is expected to pick up later this year, top CEOs in the space exclusively told...

Finance Minister assures NZZ that Austrian banks remain unaffected by banking turmoil

Austria's government is monitoring the global banking turmoil although there are so far no signs of it spreading to the country's financial sector, Finance...

Stable bank deposit flows and persistent inflation remain key concerns, says Fed’s Barkin

Deposit flows in U.S. banks appear "relatively stable," while inflation remains too high and may well take longer than expected to decline, Richmond Federal...

Inflation Decreases to 6%, but Housing Costs Remain High as the Fed Monitors ‘Supercore’ Inflation

The latest inflation numbers are in line with expectations, dropping to 6% year-over-year, with “supercore” inflation increasing slightly, according to Labor Bureau data. Supercore inflation...

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