Global Banking Monitor

Friday, June 14, 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: economy,

Strategies for Upskilling Your Workforce in an AI-Driven Economy

In an era where artificial intelligence (AI) is reshaping the landscape of work, preparing your teams for an AI-first workplace has become an imperative...

Decelerating US Inflation Provides Boost to Economy

U.S. prices fell in November for the first in more than 3-1/2 years, pushing the annual increase in inflation further below 3%, and boosting...

Modest Growth Signals a Soft Landing for Canada’s Economy

The Canadian economy is on track to avoid back-to-back quarterly contractions, with early data pointing to a slight rebound toward the end of the...

UK Economy Shrinks, Escalating Risk of Recession

The UK economy unexpectedly shrank in the third quarter, raising the possibility that Britain is already in a recession and fueling bets on the...

Global Economy Analysis Indicates Likelihood of Euro-Area Recession

A recession in the euro area is looking increasingly likely as the economic downturn persists in the final quarter of the year, private-sector activity...

World Bank: South Africa’s Economy Drains R700bn Every Year Due to Crime

The World Bank's latest economic update has shed light on the profound impact that organized crime has on South Africa's economy. Crime is costing...

GCC Economy Expected to Expand by 3.7% in 2025, Says World Bank

The Gulf Cooperation Council economy is estimated to grow by 3.6 percent in 2024 and 3.7 percent in 2025, according to the World Bank. The...

Italian Banks Place Substantial Bets on Romania’s Thriving Economy

Romania is turning into a deals hotspot for Western Europe’s financial industry. UniCredit SpA and Intesa Sanpaolo SpA, Italy’s largest banks, are expanding their...

Boosting the Private Economy: China’s Strategies and Initiatives

High-rises dominate the skyline on both sides of the Huangpu River in Shanghai. China unveiled 28 detailed measures to boost the private economy on Tuesday,...

Charting the Global Economy: US Payrolls Rise at a Steady Pace

US employers continued to add workers at a steady, yet more moderate pace, suggesting the economy has scope to avoid a recession despite higher...

Japan’s Economy Set to Recover in Q2 Despite Slowing Global Demand, Says Reuters Poll

Japan’s economy likely grew an annualised 3.1% in April-June to mark a third straight quarter of expansion, according to a Reuters poll, helped by...

Chile’s Economy Surprisingly Expands for the First Time Since January

Chile’s economic activity expanded for the first time since January as a surge in mining softened the blow from declines across other sectors, corroborating...

Banks Tighten Lending Conditions, Adding Pressure on US Economy

The Federal Reserve’s efforts to bring inflation under control appear to be bearing fruit based on recent core inflation prints coming in at 0.2%...

Europe’s Economy Bounces Back as Inflation Keeps Declining

The euro area economy is growing again, but may struggle to maintain the momentum for the rest of the year. Gross domestic product across the...

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