Global Banking Monitor

Sunday, April 28, 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: economic

Can China Reclaim Its Economic Miracle in 2024?

China's disappointing post-COVID recovery has raised significant doubts about the foundations of its decades of stunning growth and presented Beijing with a tough choice...

Peru’s Central Bank Foresees Economic Shrinkage After Significant Adjustment

Peru central bank chief Julio Velarde said the nation’s gross domestic product will contract this year, marking the first time a government official publicly...

Global Economic Slowdown Expected in 2024 Due to High Rates, War, and Inflation

The global economy, which has proved surprisingly resilient this year, is expected to falter next year under the strain of wars, still-elevated inflation and...

Brazil Central Bank Adjusts Downward 2024 Economic Growth Forecast

Brazil’s central bank trimmed its 2024 economic growth forecast as strong household consumption dwindles in the face of restrictive monetary policy. The bank expects gross...

Recession Confirmed: Bank of Finland and Finance Ministry Align on Economic Downturn

The Bank of Finland and the Ministry of Finance have confirmed that the nation is currently in a recession. Both authorities have defined the decline...

New Zealand Government Initiates Economic Repairs to Stimulate Growth

The New Zealand government is starting a massive economic repair job to fix the country's "fragile economy", Finance Minister Nicola Willis said on Wednesday.The...

2025 Outlook: French Central Bank Anticipates Economic Recovery

French economic activity will only pick up in 2025 as lower inflation boosts consumers' purchasing power, falling short of the government's growth expectations in...

The Impact of Asia’s Economic Revolution on the Global Stage

The phrase “factory Asia” describes one of history’s most impressive economic achievements. Over the past half-century Japan, South Korea, Taiwan and, more recently, China...

Euro Zone Bond Investors Unfazed as Data Confirms Dismal Economic Outlook

Euro zone bond yields wavered but found little direction on Thursday after survey data showed the bloc’s economic downturn is likely to have continued...

Bangladesh Clinches $1.1 Billion in World Bank Deals to Propel Economic Growth

Bangladesh and the World Bank have sealed five agreements totaling $1.112 billion to support initiatives that span early childhood development, education, riverbank erosion control,...

National Australia Bank Reports Increased Earnings Amid Economic Challenges

Investors in the Australian banking sector, including National Australia Bank (OTC:NABZY) Ltd (ASX:NAB), are navigating a challenging environment marked by aggressive interest rate hikes...

US Bond Traders Increase Recession Bets Amidst Economic Stumbles

Treasury investors are turning increasingly skeptical the Federal Reserve will deliver a soft landing for the US economy next year, elevating concern of a...

ECB’s Lagarde Notes Signs of Global Economic Fragmentation into Blocs

European Central Bank President Christine Lagarde on Friday said Europe is now at a critical juncture, with deglobalization, demographics and decarbonization looming on the...

Canada’s Economic Outlook Darkens as US Growth Wavers

Canada's economy is flirting with recession and the downturn could worsen now that a period of rapid growth in the United States is expected...

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