Global Banking Monitor

Friday, May 3, 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: warns

OECD Warns of ‘Long Road’ Ahead for Global Economy’s Recovery

The world economy faces a long and fragile recovery from the COVID-19 pandemic and fallout from the Russian war in Ukraine, hobbled by chronic...

Morgan Stanley Warns of Impending Earnings Recession, Cautions Stock Market Unpreparedness

The earnings recession is still coming, and it's going to be worse than anyone thinks, Morgan Stanley said in a new note to clients...

ECB President Lagarde Warns of Intensifying Price Pressures, Signals Further Rate Hikes

European Central Bank President Christine Lagarde said inflation pressures remain powerful and borrowing costs will be raised further to tackle them — cementing expectations...

US Regulator Warns Against Storing Cash in Venmo and PayPal

Payment apps like PayPal and Venmo might be convenient, but they’re not banks — and a federal financial services watchdog is worried that too...

Climate change projected to fuel inflation in the next decade, warns ECB

Climate change will increase global inflation by as much as one percentage point every year as food costs climb, according to new research from...

IMF Calls on US to Increase or Suspend Debt Cap, Warns of Avoidable Risks

The International Monetary Fund urged the US to immediately raise or suspend its debt limit, and warned that getting “stubbornly high” inflation back to...

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,...

Fed’s Bowman Warns Against Drastic Overhaul of Bank Oversigh

Federal Reserve Governor Michelle Bowman repeated her call for a third-party probe into the failure of Silicon Valley Bank and pushed back against calls...

Fed’s Next Move Being Underestimated by Markets, Warns Bank of America

Markets are currently pricing in a pause in the Federal Reserve's interest rate increases next month. A move that will come before the central...

Lebanese Economy Continues to Decline, No Signs of Stabilization, Warns World Bank

The Lebanese economy is in a steep decline and is a long way from any path towards stabilisation, according to the World Bank. The collapse...

Global Debt Reaches Alarming Levels as Rate Hikes Spark a ‘Crisis of Adaptation,’ Warns Top Trade Body

The global debt pile grew by $8.3 trillion in the first quarter to a near-record high of $305 trillion as the global economy faced...

Central banks face the risk of damaging economies, warns Dario Perkins in transcript

In this week’s episode of Merryn Talks Money, Bloomberg Opinion writer Merryn Somerset Webb interviews Dario Perkins, Managing Director on the Global Macro team...

Swiss Regulator Warns of Full-Scale Bank Run if Credit Suisse Goes Bankrupt

Allowing the bankruptcy of troubled lender Credit Suissewould have crippled Switzerland’s economy and financial center and likely resulted in deposit runs at other banks,...

Elon Musk warns of possible replay of 2008 financial crisis

Commercial real estate debt and mortgages are a 'serious' threat to the economy, warns the serial entrepreneur and billionaire. The banking crisis caused by the...

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