reports Archives - Global Banking Monitor

National Australia Bank Reports Increased Earnings Amid Economic Challenges

Investors in the Australian banking sector, including National Australia Bank (OTC:NABZY) Ltd (ASX:NAB), are navigating a challenging environment marked by aggressive interest rate hikes...

UK Considers Extending Bank Closure Rules to Business, Reports Telegraph

UK ministers are considering plans to extend new bank closure rules to businesses as they look to prevent lenders from closing bank accounts because...

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...

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....

BofA Reports Surging Profit Driven by Interest Income and Investment Banking Gain

Bank of America's (BAC.N) second-quarter profit beat Wall Street estimates as it earned more from customers' loan payments while investment banking and trading fared...

Bank of America Reports Earnings Season Starts with Strong Performance

Corporate America’s initial stretch of earnings releases delivered results that surpassed the historical norm for the quarter’s kickoff, paving the way for a “solid”...

Wells Fargo Reports 57% Profit Increase, Boosts Outlook for Interest Income

Wells Fargo (WFC.N) raised its annual forecast for net interest income (NII) after its profit surged 57% in the second quarter, sending its shares...

Reports Suggest Government Considering 20% Increase in Bank Capital Requirements

Federal regulators are preparing to introduce new banking rules that would force big banks to hold up to 20% more capital, the Wall Street...

U.S. Regulators Set to Impose 20% Hike in Capital Requirements on Major Banks, Reports WSJ

Big banks will soon have to boost their balance sheets as U.S. regulators prepare to unveil new measures aimed at improving the resilience of...

Fed Set to Skip June Rate Hike, Entering a Lengthy Pause before Potential Cuts, Morgan Stanley Reports

The Federal Reserve looks set to kick the rate-hike can down the road in June, but is unlikely to pick it up, Morgan Stanley...

FDIC Reports Steepest Drop in US Bank Deposits in 39 Years at the Start of 2023

US banks lost $472 billion in deposits in the first quarter, according to a new quarterly report from the Federal Deposit Insurance Corporation (FDIC)...

Bank of Japan reports first unrealized loss on government bonds in 17 years

The Bank of Japan's (BOJ) unrealized losses on its holdings of record-high government bonds amounted to 157.1 billion yen ($1.1 billion) in fiscal 2022...

China’s Loans Pushing World’s Poorest Countries to the Brink of Collapse, Reports Indicate

A dozen poor countries are facing economic instability and even collapse under the weight of hundreds of billions of dollars in foreign loans, much...

Australian Consumer Confidence Plummets to Lowest Point Since April 2020, Reports Indicate

A new report released on Tuesday confirmed that the Australian consumer confidence index decreased by 1.8 points to 75.9 over the week ending on...

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

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