say? Archives - Global Banking Monitor

Richest Asian Banker Kotak Under Pressure to Choose Outsider Successor, Say Sources

India’s banking regulator is nudging Kotak Mahindra Bank Ltd. to select someone outside the lender’s ranks to succeed billionaire founder Uday Kotak as the...

Bank of Japan Likely to Maintain Steady Yield Control Next Week, Sources Say

The Bank of Japan is leaning towards keeping its yield control policy unchanged at next week's meeting, five sources familiar with its thinking said,...

Argentina Expected to Hold Interest Rate at 97% Amid Lower-than-Expected Inflation, Say Bank Sources

Argentina's central bank held the country's benchmark interest rate unchanged at 97% when its board met on Thursday, after monthly inflation slowed in May...

Bank of Canada Interest Rate Hike Expected to Hit Rental Market Hard, Say Experts

The Bank of Canada’s decision to hike rates on Wednesday will put additional pressure on Canada’s already tight rental market, experts say. The BoC’s surprise...

Signs Pointing Towards a 2023 US Recession Weakening, Experts Say

Many CEOs, investors and economists had penciled in 2023 as the year when a recession would hit the American economy. The thinking was that the...

Canada’s Inflation Surprise Sparks Concerns of Rate Hike, Say Economists

April inflation took economists by surprise, accelerating 4.4 per cent from a year ago, instead of the forecasted 4.1 per cent. It’s the first time...

U.S. Banks Using Promotions to Encourage Customers to Deposit Funds, Say Analysts

For months, consumers have clamored for banks to pay out more for deposits as the Federal Reserve raised interest rates. Now analysts say after...

Gen Z’s Impending ‘Student Loan Cliff’ Could Have Major Repercussions for the American Economy, Experts Say

Millions of Gen Z grads have never had to pay their monthly student loan bill, considering that federal payments have been paused for more...

Switzerland’s Resilience Could Help Weather Banking Turmoil, Say Economists

UBS Group AG’s hastily brokered takeover of Credit Suisse Group AG and the job cuts likely to follow are undoubtedly a blow for Swiss...

Analysts say it’s ‘sentiment contagion,’ not another banking crisis

The collapse of U.S.-based Silicon Valley Bank, the biggest bank failure since the global financial crisis, and the emergency rescue of Credit Suisse by...

Deposit drain from smaller banks into financial giants like JPMorgan Chase has slowed, sources say

The surge of deposits moving from smaller banks to big institutions including JPMorgan Chase and Wells Fargo amid fears over the stability of regional...

An irrational market? You don’t say?

This is an opinion piece by our Analyst Team. We had to laugh - you have to at times like these - when the Citibank...

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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