Global Banking Monitor

Sunday, May 5, 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: report

Barclays Eyes 2,000 Job Cuts in $1.25 Billion Cost-Cutting Strategy: Report

Barclays is working on its cost-saving plans of 1 billion pounds ($1.25 billion) which could also involve around 2,000 job cuts, mainly in the...

Europe’s 20 Largest Banks Receive Criticism Over ESG Targets in New Report

The green finance targets of European banks are falling well short of what is needed, according to a fresh study by ShareAction. An analysis by...

A Glimpse into Global Banking: AI’s Report on Industry Endeavors

According to the annual Evident AI Index, JPMorgan Chase is the most mature when it comes to AI with Capital One and Royal Bank...

GDP Report: US Economy’s Q2 Growth Exceeds Anticipated Rate

The US economy grew at a faster-than-expected pace in the second quarter of 2023, adding to signs that the threat of a recession has...

Chinese Banks Receive Support from Citi and UBS Following Goldman Sachs’ Report

Chinese banks are drawing a growing list of defenders against Goldman Sachs Group Inc.’s pessimistic report on the industry, highlighting how it stands out...

Wall Street Banks Demonstrate Their Reign in Surveillance Report

What crisis?It turns out that higher interest rates really are better for big banks, at least for now. That's the good news, and it's...

US Seeks to Strengthen Ties with India for Economic Advantages, Says Report

The United States is courting India for its growing economic influence and also considering the latter as an indispensable accomplice in their rivalry with...

Australian Jobs Report Surpasses Expectations, Fueling Speculation of Rate Hike

Australian employment smashed expectations in May and unemployment surprisingly declined, bolstering the case for the Reserve Bank to raise interest rates further to counter...

US Inflation Report Indicates Fed Rate Pause Could Turn Into a Full Stop

US inflation continues to cool, giving the Federal Reserve room to take a breather from interest-rate hikes this week. The details offer signs it...

Wall Street braces for crucial inflation report amid ongoing banking worries

Another week, another important piece of inflation data for the market to digest. The personal spending and income report, out this coming Friday, has the...

RBC report projects a fourfold rise in Canada’s rental shortage

A new report from RBC Economics forecasts that Canada’s shortage of rental housing will quadruple in the next four years. “Without a significant boost in...

Report: Credit Suisse Bankers Flock to Recruiters in Search of New Jobs During UBS Takeover

Credit Suisse employees have inundated recruiters across the world with calls to find a new job as UBS struck a $3.25 billion deal to...

UK Tech Sector at Risk of ‘Existential Threat’ Following Silicon Valley Bank’s Collapse, Warns Report

Dozens of early-stage tech companies in the UK have warned the chancellor of "an existential threat" to the sector following the failure of Silicon...

Costco announces mixed earnings report as slower sales of ‘big-ticket’ items offset by higher food sales

Costco announced earnings for the second quarter of the company’s fiscal year that delivered mixed results that mostly beat expectations. Costco’s net sales for the...

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