Global Banking Monitor

Friday, May 10, 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: slump

Investment Banking Giants Feel the Impact of the Great M&A Slump

A few years ago, top investment bankers at Goldman Sachs Group Inc. wouldn’t even bother picking up phone calls from recruiters at smaller rivals....

US Labor Market Remains Tight While Housing Market Slump Persists

The number of Americans filing new claims for unemployment benefits unexpectedly fell last week, touching the lowest level in two months amid ongoing labor...

Citigroup’s Profit Declines 36% Due to Trading Slump and Increased Expenses

Citigroup beat analysts' estimates for second-quarter profit on Friday as higher interest payments from borrowers partly countered a blow to its Wall Street businesses...

Crypto Weekend Slump Adds to Existing Nervousness Amongst Investors

A sharp weekend selloff in crypto led by a slump in smaller digital tokens set off a fresh wave of anxiety among investors, following...

Morgan Stanley Predicts Slump in US Earnings for 2023, Followed by Strong Rebound in the Following Year

Morgan Stanley warns of a 16% drop in profit for S&P 500 companies this year, followed by a sharp rebound in 2024 when analysts...

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