Global Banking Monitor

Saturday, April 27, 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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Barclays Predicts Fed Will Maintain Rates in January

Barclays said on Wednesday it no longer expects the U.S. Federal Reserve to raise interest rates in January, compared with an earlier forecast of...

Will China’s Sluggish Economy Benefit from Rate Cuts?

After three years of zero-covid isolation took its toll on China’s economy, a drastic pivot away from pandemic restrictions was supposed to turbocharge an...

ECB’s Visco Optimistic that Declining Energy Prices Will Aid Inflation Control

The rapid decline in energy costs should help to tame inflation in Europe, Bank of Italy governor Ignazio Visco said on Saturday, urging companies...

Will more U.S. banks fail in the near future?

While the sudden collapse and seizure of Silicon Valley Bank (SIVBQ) by the FDIC on March 10 caused a loss of confidence in the...

ECB will keep raising interest rates, says Knot

The European Central Bank has to continue to raise borrowing costs, according to Governing Council member Klaas Knot, conceding that a slower pace of...

UBS Predicts Fallout from U.S. Banks Will Exacerbate Margin Headwinds for Aussie Lenders

Australian banks are well-positioned to deal with the pressures emanating from the recent bank runs in the United States, but their margins could be...

Gundlach predicts US recession will start in upcoming months

Doubleline Capital’s Jeffrey Gundlach said on CNBC that he expects a US recession will start in a few months, and that the Federal Reserve...

Kellogg will split into two companies. Here are the names

Kellogg Company has released what the two separate companies that it intends to split into will be called. In a , Kellogg said WK Kellogg...

Debt Limit Increase: Will Congress Wait for a Market Crash to Act?

There's one way to force President Joe Biden and Congress to solve the looming crisis over the debt limit: a financial market crash. That's a...

Fed’s reluctance to go green will cost the Earth

Central banks don’t think they can do much about the environment. The European Central Bank has introduced some climate considerations into its bond portfolio,...

JPMorgan says electric flying vehicles will be a $1 trillion market and it has a new favorite way to play it

There's a $1 trillion market opportunity for electric flying vehicles, and one player in particular — Eve — is positioned to take flight, according...

Bitcoin Will Soar to $250,000 in 2023, Says Billionaire Tim Draper

The venture capitalist, who has always bet on the rise of bitcoin, is confident despite the difficulties of the crypto space. The rout of the...

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