Global Banking Monitor

Monday, May 13, 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: canadian

Canadian Retail Sales Soar with 0.8% Jump, Reflecting Sharp Spending Increase

Canadian consumers splurged in September and October, a surprise resurgence in spending even as high interest rates restrict household budgets. Receipts for retailers rose 0.8%...

National Bank Expands Tech Book by Acquiring SVB’s Canadian Portfolio

National Bank of Canada’s deal for Silicon Valley Bank’s Canadian commercial loan portfolio will give it more exposure to higher growth industries and still...

Canadian Retail Sales Figures Indicate Economic Slowdown

Canadian retail sales underperformed expectations in May and were likely unchanged in June, data showed on Friday, pointing toward a slowdown in economic growth...

Canadian Banks Increase Prime Rate to 6.95% Following Bank of Canada Rate Hike

Canadian banks announced they were raising their prime lending rates after the Bank of Canada surprised markets by hiking it benchmark interest rate on...

Canadian Economic Growth Exceeds Forecasts, Heightening Speculation of Rate Increase

The Canadian economy started off strong in the second quarter, extending a streak of better-than-expected growth and boosting the likelihood of another Bank of...

How Canadian Banks’ Vigilance Against Bad Loans Affects Your Financial Security

Nestled in the balance sheets of Canada’s biggest banks are fears that the economy is set for a rough patch that could see more...

Canadian Economy Shows Unexpected Strength Despite Recent Interest Rate Increases

Canada’s economy kept growing at the start of this year, defying expectations of a stall and eventual technical recession in the face of the...

Canadian Renewable Energy Developer Boralex Acquires 50% Stake in US Wind Farms for $249.8 Million

Canadian renewable energy developer Boralex (US:BRLXF) (CA:BLX) has acquired a 50% stake in five wind farms in Texas and New Mexico for $249.8 million....

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