Global Banking Monitor

Saturday, April 27, 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: says

Dollar to Weaken Over Next 2 Years, UniCredit Says

UniCredit Research expects “moderate dollar weakness” over the next two years as the U.S.’s growth outperformance diminishes and interest-rate cuts cause rate differentials between...

Colombia’s Inflation Expected to Conclude 2023 Near 9.73%, Says Bonilla

Colombia's inflation is expected to close 2023 at around 9.73%, Finance Minister Ricardo Bonilla told a conference on Friday. The minister's comments follow a decision...

GCC Economy Expected to Expand by 3.7% in 2025, Says World Bank

The Gulf Cooperation Council economy is estimated to grow by 3.6 percent in 2024 and 3.7 percent in 2025, according to the World Bank. The...

Japan’s Economy Set to Recover in Q2 Despite Slowing Global Demand, Says Reuters Poll

Japan’s economy likely grew an annualised 3.1% in April-June to mark a third straight quarter of expansion, according to a Reuters poll, helped by...

UBS Cuts Credit Suisse Investment Bank Staff, Shuts Houston Office, Says Source

UBS Group (UBSG.S) is laying off employees from Credit Suisse's investment bank this week in New York, a source familiar with the situation said. The...

European Banks Expected to Show Strength in Stress Tests, Says ECB’s Enria

European banks will emerge from stress tests in stronger positions, the European Central Bank’s top bank oversight official said in an interview with Italian...

America’s Recession Avoidance Credit Goes to Corporate Sector, Says Top Strategist

Albert Edwards is known for lamenting “Greedflation.” The veteran strategist at the French investment bank Société Générale argued in a series of research notes...

Global Remittance Growth Expected to Moderate, says World Bank

Remittances to low and middle income countries (LMIC) are expected to grow by 1.4 per cent to reach $656 billion in 2023, following a...

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...

America’s Inflation Wave Driven by Corporations Seeking to Increase Profits, Says UBS Economist

The worst inflation in four decades has proved quite the ride for consumers over the past two years, and recently, it’s even helped the...

Bank of England Set to Probe Non-Banks on Market Risks, Says Regulator

The Bank of England will launch an exercise very soon to test how non-bank financial institutions' react to market stress, senior BoE regulator Sarah...

Saudi Central Bank May Take Measures to Provide Liquidity to Banks, Says Capital Economics

The Saudi Central Bank, known as SAMA, may need to inject liquidity into the banking sector like it did last year as interbank rates...

SNB’s Efforts to Control Inflation Continues, Says Central Bank Chief

There’s more work to be done to tame inflation in Switzerland, according to the country’s central bank chief. “The fight against inflation is not over...

SNB’s Efforts to Control Inflation Continues, Says Central Bank Chief

There’s more work to be done to tame inflation in Switzerland, according to the country’s central bank chief. “The fight against inflation is not over...

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