Global Banking Monitor

Sunday, December 10, 2023

Dollar to Weaken Over Next 2 Years, UniCredit Says

UniCredit Research expects “moderate dollar weakness” over...

Bank of Canada Governor Indicates Potential Cease in Interest Rate Increases

Bank of Canada Governor Tiff Macklem recently...

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Wall Street Banks Demonstrate Their Reign in Surveillance Report

What crisis?It turns out that higher interest rates really are better for big banks, at least for now. That's the good news, and it's...

Unveiling the Attraction: Wealthy Americans and Their Affinity for UBS, the Swiss Banking Powerhouse

With its $3.2 billion acquisition of Credit Suisse, UBS is poised to climb the ranks of global mega banks. UBS is no stranger to blockbuster...

European lenders discovered to rely on shadow banks for 14% of their funding

Euro-area lenders count on financial firms from outside of banking for about 14% of their funding — underlining how the industry is exposed to...

Bond traders widen their focus to potential risks beyond the debt ceiling

Bond investors are beginning to look beyond the debt-ceiling quagmire even as Treasury Secretary Janet Yellen’s warnings about when the US will run out...

Apple extends their FinTech ecosystem with 4.15% APR Savings account

Apple's FinTech domination plans are continuing! It's incredibly exciting to watch how they are positioning their selection of products and services, especially when it...

Only 25% of UAE Banks have a tech chief on their executive committee

We were astonished when we looked at the figures from our Digital Transformer 2023 research. We had to double-check. We actually triple-checked - again...

China’s Large Loans to Certain Countries Result in Billions Spent on Their Bailout

For the past decade, China has lent massive sums to governments across Asia, Africa and Europe, growing its global influence through infrastructure megaprojects and...

U.S. companies prioritize de-risking their connections with China over decoupling.

What a difference two months makes. Hopes were high in January that U.S. Secretary of State Anthony Blinken’s scheduled travel to China, the first...

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