Global Banking Monitor

Monday, May 6, 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: faces

China Faces Rising Pressure for Rate-Cut as Weak Recovery Indicators Multiply

China’s economic recovery showed further signs of weakening in May, clouding the outlook for the rest of the year and fueling calls for more...

Indian Economy Faces Slowdown Amidst Continued Spending by Wealthy Individuals

India’s booming economy is the envy of other major markets. But beyond the hype and expectation, people who watch the country closely are flagging...

Federal Reserve Faces Complex Interest Rate Dilemma as Possibility of Skipping Hike Arises

Federal Reserve Faces Complex Interest Rate Dilemma as Possibility of Skipping Hike Arises The Federal Reserve’s June meeting is shaping up to be one of...

UK Faces ‘Mild Recession’ Due to Rate Hikes, Predicts Moody’s

The UK is headed for a “mild recession” this year as higher-than-expected inflation and rising interest rates take their toll on household finances, according...

China’s economy faces further strain as youth unemployment reaches unprecedented levels

As youth unemployment in China rises to a record high, college graduates are caught in a perfect storm — with some forced to take...

Thai Baht Faces Mounting Pressure Amid Ongoing Political Uncertainty

A new low for the Thai baht looms and not even a rate hike by the central bank is likely to halt its slide. The...

Fed Interventions Gain Spotlight as US Faces Impending Debt Deadline and Default Risk

Evidence that Federal Reserve policymakers recently discussed potential interventions in markets after any default by the US Treasury is reviving analysis of the central...

BoE Faces Mounting Pressure as UK Inflation Drop Misses Expectations

Britain's stubbornly high inflation rate fell by less than expected last month and a closely watched measure of core price rises surged to a...

Binance Australia Faces Banking Disruption as Payment Provider Suspends Services

The Australian arm of Binance, the world's largest crypto-currency exchange, on Thursday said some customers there will be unable to deposit or withdraw money...

‘Party animal’ VC from Silicon Valley faces retrial over fraud charges

Mike Rothenberg, the venture capitalist once described as Silicon Valley’s “party animal,” faces a new criminal trial after a jury failed to reach a...

Fed faces challenge as US consumer prices are projected to stay firm

US inflation was largely unwavering in March, with economists projecting a monthly increase in consumer prices on par with advances seen over the previous...

TSX faces weekly losses as banking crisis intensifies

Canada's main stock index clawed back its earlier decline to close higher on Friday, helped by gains for industrials and gold mining shares, as...

City with Highest Housing Costs Faces Dilemma of 40,000 Unoccupied Quarantine Units

Behind the gleaming skyscrapers and multimillion-dollar homes that have made this city the world’s most expensive property market lies a far less attractive parallel...

Silicon Valley Bank’s UK arm faces shutdown as Bank of England takes action

The Bank of England said on Friday that it was seeking a court order to place Silicon Valley Bank UK Limited into an insolvency...

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