Global Banking Monitor

Sunday, April 28, 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...

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Optimistic Outlook: Global Banks Foresee No Recession, While US Companies Exercise Caution

Heading into 2024, analysts say the U.S. recession they’d been forecasting for two years isn’t coming anymore. Everyone else, from companies to investors, is...

Deposit Decline: Banks Face Losses, While Unanticipated Competitors Thrive

The banks that showed some of the biggest deposit declines during the second quarter weren’t midsize regional lenders. They were the industry’s giants. JPMorgan Chase (JPM),...

US Labor Market Remains Tight While Housing Market Slump Persists

The number of Americans filing new claims for unemployment benefits unexpectedly fell last week, touching the lowest level in two months amid ongoing labor...

JPMorgan Raises Expectations for India’s 2024 Economy, While Exercising Prudence Due to Global Uncertainties

JPMorgan increased its 2024 economic forecast for India — but only marginally — saying the country’s growth will be affected by a slowdown in...

European leaders confront banking crisis while market turmoil looms over Brussels summit

European leaders on Friday were keen to stress that the region’s banking sector was stable and sound following Deutsche Bank’s sudden slide as markets...

Bank of England raises interest rates again while predicting a rapid drop in inflation

The Bank of England (BoE) raised interest rates for the 11th time in a row on Thursday, but said a surprise resurgence in inflation...

Analysis indicates investors fear the Fed may overdo tightening while awaiting key data

The Federal Reserve's pledge to redouble its inflation-fighting efforts is spooking some investors, who believe it may end up moving too aggressively after moderating...

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