Global Banking Monitor

Sunday, May 19, 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,

Minneapolis Fed Chief Kashkari Optimistic About US Economy Avoiding Recession Amid Continuing Inflation Fight

The odds of the U.S. avoiding a deep recession and achieving a "soft landing" are rising as the Federal Reserve tries to bring down...

How China Is Working to Stimulate Its Weak Economy

China has made a number of pledges recently to revive the economy’s recovery and improve the business environment as concerns about the growth outlook...

Saudi Arabia’s Economy Slows Due to Oil Cuts and Price Decline

Saudi Arabia’s growth slumped in the second quarter as a drop in oil prices and the government’s decision to cut production push the country...

Italy’s Economy Faces Surprise Contraction, a Challenge for Meloni

Italy’s economy unexpectedly contracted in the second quarter, a setback for premier Giorgia Meloni’s government as it tries to sustain prosperity and cut debt. Gross...

Examining the Ripple Effects: How China’s Slower Growth Shapes the World Economy

The Chinese economy could be facing a prolonged period of lower growth, a prospect which may have global ramifications after 45 years of rapid...

European Banks Highlight Bad Loan Risks Amid Faltering Global Economy

Europe's major banks, including Deutsche Bank and Lloyds Banking Group, on Wednesday pointed to the rising risk of bad loans as the global economy...

IMF Raises Projections, But Warns Global Economy Still Faces Challenges

The risk of a crash landing for the global economy has receded, the IMF’s chief economist said as the multilateral lender predicted 3 per...

Bank of Canada Predicted to Maintain 5% Interest Rate Amidst Resilient Economy

Economists now see a soft landing for the Canadian economy, with no recession this year despite interest rates at a 22-year high. The economy will...

US Economy Faces Risks as $5.5 Trillion Savings Wipeout Unfolds

The US economy has held up remarkably well this year, defying recession predictions, thanks in part to Americans' pandemic-era savings that have cushioned consumer...

India’s Economy Leads in GDP, Job Growth a Concern

India's economy will grow at a solid pace for the rest of this fiscal year and next but well below its potential rate, according...

How China Is Backing Its Economy Amid Anticipation for Stimulus

China has announced several measures recently to boost the economy and made a number of pledges to improve the business environment as concerns about...

UK Economy: Is it Still an International Outlier?

A flow of key data over the past 10 days suggests the UK economy is less of an outlier among its peer countries than...

What to Expect for Wall Street and the Economy This Week

A bevy of possibly market-moving events are in store for investors this week. Here’s a look at what’s coming. The Federal Reserve’s July meeting. The Fed...

Myanmar Economy Struggles as Central Bank Prepares Highest Denomination Banknote

The Central Bank of army-ruled Myanmar will issue a new banknote worth twice as much as the current highest denomination, state-run media reported Sunday,...

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