that Archives - Global Banking Monitor

Japan’s Interest Rates in Spotlight: A Comparison That Puts Others in Perspective

Major banks in Japan have started raising interest rates on time deposits for savers — to the tune of 0.2%, Bloomberg reported on Thursday. While...

ECB Hawks Caution That Rate Hikes May Extend Beyond Summer

Brussels: Bundesbank President Joachim Nagel kicked off warnings from hawkish officials that the European Central Bank’s historic campaign of interest-rate hikes may need to...

Fed Cautions That Tighter Credit Conditions Could Impact US Growth

The Federal Reserve warned Friday that tighter U.S. credit conditions following a spate of bank failures in the spring could hinder economic growth this...

ECB’s Visco Optimistic that Declining Energy Prices Will Aid Inflation Control

The rapid decline in energy costs should help to tame inflation in Europe, Bank of Italy governor Ignazio Visco said on Saturday, urging companies...

Commercial Bank of Kuwait CEO Warns that Banking Turmoil is Far from Over

The current turmoil in the banking industry, which has seen the collapse of four US lenders and the takeover of Credit Suisse Group AG,...

Signs of Credit Crunch that the Fed Fears May Already Be Emerging

Jeffrey Haley, the CEO of American National Bank and Trust Company, saw the crunch coming at the start of 2023. Rising interest rates and a...

Finance Minister assures NZZ that Austrian banks remain unaffected by banking turmoil

Austria's government is monitoring the global banking turmoil although there are so far no signs of it spreading to the country's financial sector, Finance...

OPEC+ announces surprise oil production cut that could lead to higher prices at pump

A group of OPEC+ member countries on Sunday announced voluntary oil production cuts that will run from May through the end of this year. The...

Bank of England Urges Swift Action on Funds that Nearly Brought Down UK Financial System

The Bank of England has called for urgent action to address a weak spot in the UK financial system as persistent worries about the...

Morgan Stanley suggests that the end of the bear market may be approaching

This year started with a strong rally in the markets, but the past month has seen the positive sentiments start to sputter. The failure...

A closer look at the factors that led to the unforeseen collapse of Silicon Valley Bank.

Two weeks ago few people outside the tech industry had even heard of Silicon Valley Bank, the midsize California lender whose rapid implosion would...

Wall Street veteran names the stocks that could go to $0 — and his favorites in tech

2022 has marked the end of an era of cheap money, and that's bad news for companies with a growth at all costs approach,...

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

Tag: that