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: Americans

Americans Reach Record $1 Trillion Credit Card Debt

Credit card debt hit $1 trillion for the first time on record, according to new data, a troubling development as interest rates and delinquencies...

More Americans Facing Loan Rejection, Fed Data Indicates

Americans are increasingly likely to get turned down when they apply for credit, according to a new Federal Reserve survey that shows the combined...

Americans Feel Better About the Economy, But Experts Advocate Caution

American consumers haven't felt this good about the economy since September 2021. Stocks are higher, with some strategists even suggesting a record-setting year for the...

Americans Express Greater Confidence in Inflation Outlook

Americans are feeling upbeat about inflation and the economy, according to the University of Michigan’s latest consumer survey released Friday. The university’s preliminary reading for...

Unveiling the Attraction: Wealthy Americans and Their Affinity for UBS, the Swiss Banking Powerhouse

With its $3.2 billion acquisition of Credit Suisse, UBS is poised to climb the ranks of global mega banks. UBS is no stranger to blockbuster...

Inflation Spurs Heightened Caution among Americans, Analyst Observes

Anyway you look at it, recent economic data shows, “Americans are being more cautious," warns one strategist. “When you keep hearing 'recession,' 'recession,' even if...

Americans’ total debt breaches $17 trillion mark for the first time ever

Americans’ debt levels continue to climb to new heights at a time when economic conditions are becoming increasingly less stable. Household debt balances set a...

Gold outshines stocks and real estate as preferred long-term investment choice of Americans

American investment preferences have shifted in response to ongoing economic insecurities, according to a new Gallup poll. When asked which is the best long-term investment,...

Credit Suisse Accused by Senate Panel of Aiding Ultra-Wealthy Americans in Tax Evasion

Credit Suisse is complicit in ongoing tax evasion by ultra-wealthy Americans, including a potentially criminal conspiracy involving the failure to disclose nearly $100 million...

Americans’ expected home price growth shows broad decline, says NY Fed

Americans’ expectations for home price increases over the next year moderated sharply in a new report on the outlook for the housing sector, released...

Americans going all-in on cash could indicate future troubles

In the wake of Silicon Valley Bank’s collapse and subsequent banking meltdown, cash is king. The turmoil inflicted on financial markets has sent cautious...

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