Global Banking Monitor

Sunday, April 28, 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: rise

Turkey Nearing Possible Rate Milestone Beyond 36% if Rates Rise

Turkey is turning another corner in ending an era of ultra-loose monetary policy. The central bank will likely take interest rates above zero relative to...

Charting the Global Economy: US Payrolls Rise at a Steady Pace

US employers continued to add workers at a steady, yet more moderate pace, suggesting the economy has scope to avoid a recession despite higher...

Fed Data Shows Rise in Bank Deposits and Lending in the Latest Week

Bank deposits, and lending rose in week ended July 26, the latest data from the Fed showed. Deposits at large U.S. banks rose by $3.3...

Treasury Yields Rise as Investors Assess Impending Interest Rate Decisions

U.S. Treasury yields were higher Tuesday as investors awaited the Federal Reserve’s interest rate decision and assessed the outlook for monetary policy decisions from...

Concerns Rise as Europe’s Economic Engine Shows Signs of Breaking Down

Economists see German growth lagging behind the rest of the region for years to come, and the International Monetary Fund estimates Germany will be...

UBS Chairman Foresees Rise in Customer Balances After Credit Suisse’s Rescue

UBS (UBSG.S) has been a net gainer in customer balances following its rescue of Credit Suisse (CSGN.S), Chairman Colm Kelleher said on Wednesday, citing...

US consumer confidence on the rise as house price inflation eases

U.S. consumer confidence unexpectedly increased in March despite recent financial market turmoil sparked the collapse of two regional banks, but Americans continued to expect...

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...

U.K. Inflation Defies Expectations and Continues to Climb

Price increases in February picked up to 10.4% from 10.1% in January as the cost of food rose at the fastest pace since records...

Dow futures rise after UBS buys Credit Suisse to stem bank crisis: Live updates

U.S. stock futures rose on Sunday as the Swiss government engineered a forced takeover of Credit Suisse by UBS, marking the latest effort by...

Asia markets set to rise as concerns over higher U.S. interest rates linger

Asia-Pacific markets are set to rise on Friday after Wall Street's rally overnight as investor concerns over higher U.S. interest rates continued to linger. Japanese...

Egypt’s net foreign reserves rise to $34.003 bln in December – c.bank

CAIRO, Jan 3 (Reuters) - Egypt's net foreign reserves rose to $34.003 billion in December from $33.532 billion in November, the central bank said...

Stock futures rise ahead of jobs report, Fed minutes in first trading week of 2023

Stock futures rose Monday evening as traders braced themselves for a flurry of economic data and the minutes from the latest Federal Reserve meeting...

Hungary’s Dec PMI jumps to 63.1, new orders rise -publisher

BUDAPEST, Jan 2 (Reuters) - Hungary's seasonally-adjusted Purchasing Managers' Index HUPMI=ECI jumped to 63.1 in December from a revised 56.0 reading in November, the...

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