Global Banking Monitor

Wednesday, May 15, 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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UK Inflation Dips Below 8% for First Time in Over a Year

Britain’s inflation rate dropped to the lowest in 15 months, fueling hopes among investors and economists of a shift away from the worst price...

Norway’s GDP Falls Below Estimates, Experiencing Largest Decline in 15 Months

Norway’s economy trailed expectations in April by contracting the most in 15 months, painting a dimmer picture than suggested by recent data. Mainland gross domestic...

Bank of Montreal’s Performance Below Expectations as Loan-Loss Set-Asides Increase

Bank of Montreal posted a surprise drop in fiscal second-quarter profit as it set aside a larger provision for loan losses and trading revenue...

Fed’s Preferred Inflation Measure Rises Below Expectations, Spending Moderates

A key gauge of US inflation rose last month by less than expected and consumer spending stabilized, suggesting the Federal Reserve may be close...

Apple Stock Extends Slide, Falls Below $2 Trillion Level, As Investors Count iPhone Delay Hit To Earnings

Apple shares are trading at an 18-month low Tuesday as investors worry that supply chain disruptions and softer consumer spending will clip December quarter...

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