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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Swiss National Bank Under Fire for $9 Billion Fracking Investment Portfolio

A coalition of environmental non-governmental organizations has taken aim at the Swiss National Bank (SNB) for its significant investments in fracking companies, which are...

Richest Asian Banker Kotak Under Pressure to Choose Outsider Successor, Say Sources

India’s banking regulator is nudging Kotak Mahindra Bank Ltd. to select someone outside the lender’s ranks to succeed billionaire founder Uday Kotak as the...

UK Banks Under Scrutiny Again After Farage Controversy

After more than a decade trying to rehabilitate their image since an era of bailouts and mis-selling scandals, Britain's banks are once again a...

Goldman Sachs Under Scrutiny Amidst Claims of Bullying Culture Impacting Staff Wellbeing

Goldman Sachs’ former recruitment chief has accused it of creating a “culture of bullying” that caused staff to “sob” through meetings and led to...

China Under Pressure to Stimulate Economy, but Rate Cuts Alone May Not Suffice

Expectations are growing that China’s government will boost spending on infrastructure as part of a broader stimulus push following the central bank’s interest rate...

RBI’s Stance Under Scrutiny as Markets Await Potential Pause in Policy Shift

The Reserve Bank of India is expected to pause for a second straight meeting as inflation eases and market watchers are looking for cues...

Biden urges restoration of bank regulations weakened under Trump

Weeks after the failure of two banks, President Joe Biden called Thursday for independent regulatory agencies to impose tighter rules on the financial system,...

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