Global Banking Monitor

Sunday, December 3, 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...

Tag: toll

New Zealand’s Economy Enters Recession as Higher Interest Rates Take Toll

New Zealand's economy has dipped into recession as higher interest rates take their toll, new figures released Thursday show. Gross domestic product fell by 0.1%...

Sanctions take a heavy toll on Russia’s largest bank, with profits plunging by 78%

It's getting exciting over in Russia... Russia’s dominant lender Sberbank reported a nearly 80% plunge in 2022 net profit Thursday as sweeping Western sanctions rattled...

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