year Archives - Page 2 of 2 - Global Banking Monitor

World Bank Cuts India’s Growth Projection for Current Fiscal Year to 6.3%

The World Bank on Tuesday lowered its forecast for India’s economic growth in the current fiscal year that started on April 1 to 6.3%...

Reuters Poll: Bank of Canada to Maintain Rates This Year, Unlikely to Cut

The Bank of Canada will keep its key interest rate steady at 4.50% through 2023, according to most economists polled by Reuters, with an...

China’s Big Banks Anticipate Tough Year Despite Profit Increases

China’s biggest state-owned banks warned of a tough 2023 as uncertain economic conditions may squeeze earnings after most delivered better-than-estimated profit growth for last...

Jeremy Siegel finds hope in banking crisis, foresees better US economy in the next year

Fears about the impact of a banking crisis are preying on markets — but there could be a silver lining for the US economy,...

Fed predicts only one additional rate hike for the remainder of the year

The Federal Reserve will hike interest rates just one more time in 2023 before the central bank ends its inflation battle, according to its...

Moderna adding 2,000 new workers this year

Moderna has revealed it will add to its workforce and its U.S. office footprint. In a press release put out Friday, Moderna said it will...

Investors are stampeding into boring old bonds to start the year

Stocks are off to a quick start in 2023, the S & P 500 ahead by 3.5%. Yet boring old bonds have just about...

Goldman Sachs is cutting up to 3,200 employees this week as Wall Street girds for tough year

People enter the Goldman Sachs headquarters building in New York, U.S., on Monday, June 14, 2021. Goldman Sachs is laying off fewer employees than feared,...

These low-volatility stocks beat the market last year — and analysts see further upside in 2023

Last year was one of the worst for stock markets in more than a decade. The three major U.S. indexes — the S &...

Tesla stock extends drop in New Year, ‘becoming long-term hold’

Tesla stock is trading lower in 2023. Fourth quarter delivery numbers came in below analysts' estimates. The Jan. 2 release showed deliveries for the electric...

It’s been a bleak year for stocks. This is what investors can expect in 2023 — according to history

2022 has been a bleak year for stock markets worldwide. A confluence of global factors has meant the MSCI World index of large and...

Bitcoin Is Down To Start The Year

The king of cryptocurrencies started the new year as it ended 2022. The transition to the new year has not been particularly upsetting for cryptocurrencies,...

Stripe employees get to sell $1bn of shares

Strategies for Upskilling Your Workforce in an AI-Driven Economy

Five Strategies for Enhancing Internal Communications in Banks

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