Global Banking Monitor

Friday, March 29, 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: strong

Deutsche Bank’s Strong Trading Performance Dimmed by Escalating Costs

Deutsche Bank AG Chief Executive Officer Christian Sewing said he’s optimistic the lender can keep increasing revenue through next year, helping offset headwinds from...

ICICI Bank Exceeds Expectations as Quarterly Profit Soars on Strong Loan Growth

ICICI Bank Ltd.’s first-quarter profit topped estimates, underpinned by sustained demand for retail loans in the world’s most populous country. Net income climbed to 96.5...

Fifth Third Bancorp Exceeds Profit Expectations with Strong Interest Income

Fifth Third Bancorp on Thursday posted a better-than-expected second-quarter profit, as interest rate hikes by the U.S. central bank boosted its interest income. On an...

World Bank Chief Shows Strong Optimism on India in Latest G-20 Meeting

Group of 20 finance ministers and central bank governors begin two days of meetings Monday, with participants discussing items including reform of multilateral development...

Bank of America Reports Earnings Season Starts with Strong Performance

Corporate America’s initial stretch of earnings releases delivered results that surpassed the historical norm for the quarter’s kickoff, paving the way for a “solid”...

ECB Chief Indicates Future Rate Hikes as Inflation Remains ‘Strong’

European Central Bank head Christine Lagarde said Monday that price pressures are “strong” and made clear that the bank will raise interest rates high...

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...

Doubts Arise Over Fed’s Decision to Pause Rate Hikes Amidst Strong US Data

Federal Reserve policymakers got a dose of unexpectedly strong U.S. economic data on Friday that bolstered the case for further monetary policy tightening to...

China’s strong data may be masking a weakening economic recovery

Key economic data this week may suggest China’s recovery is doing a lot better than it is in reality. Official figures on Tuesday are expected...

Bullard Advises Fed to Continue Raising Rates Amid Strong Labor Market

The Federal Reserve should stick to raising interest rates to lower inflation while the labor market remains strong, given the high probability recent financial...

Fed officials defend March rate hike citing high inflation and strong banks

Two Federal Reserve officials said Thursday the Federal Reserve's decision last week to raise interest rates by another 0.25% was necessary because inflation remains...

Chinese economic recovery foundation not strong enough, warns party official

The foundation of China’s economic recovery is not solid enough, a senior Communist Party official said on Saturday, warning of possible spillover effects from...

February payrolls increase by more than expected, showing strong growth

Job creation decelerated in February but was still stronger than expected despite the Federal Reserve’s efforts to slow the economy and bring down inflation. Nonfarm...

European Stocks Close On Strong Note After Inflation Data

(RTTNews) - European stocks closed on a buoyant note on Wednesday as easing concerns about inflation triggered hectic buying at several counters from across...

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