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: rising

HSBC’s Income Doubles as Rising Rates Boost Performance; Announces $2 Billion Share Buyback

HSBC Holdings (HSBA.L) raised its key profitability target and announced a fresh $2 billion share buyback on Tuesday, as rising central bank interest rates...

China Faces Rising Pressure for Rate-Cut as Weak Recovery Indicators Multiply

China’s economic recovery showed further signs of weakening in May, clouding the outlook for the rest of the year and fueling calls for more...

Canada’s Economy Demonstrates Unexpected Immunity to Rising Interest Rates

Canada’s economy hasn’t buckled under the weight of higher borrowing costs. On the contrary: strong growth has more economists predicting the central bank will...

National Bank of Canada’s Profit Declines Due to Rising Provisions

National Bank of Canada reported a fall in second-quarter profit on Wednesday as a shaky economy and a meltdown in the U.S. banking sector...

Two Fed Officials Advocate for Additional Interest-Rate Hikes to Tackle Rising Prices

Two Fed Officials Advocate for Additional Interest-Rate Hikes to Tackle Rising Prices Two Federal Reserve hawks saw the need to raise interest rates further this...

World Bank Urges Swift Changes to Debt Restructuring Processes to Tackle Rising Economic Uncertainty

The World Bank will push to resolve the mounting debt problems of poor countries and along with the International Monetary Fund will present concrete...

Banks Do Balance-Sheet Shuffle in Response to Rising Interest Rates

As the Federal Reserve’s interest-rate hikes sent bond prices plunging last year, some of the country’s largest banks used a simple accounting maneuver to...

US home price gains fall sharply in November as rising mortgage rates cool housing market

Home prices declined sharply in November as higher continued to sap demand from the housing market. Prices in November increased 8.6% from the year-ago period,...

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