Global Banking Monitor

Friday, April 26, 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: growth

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...

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...

Egypt Central Bank Maintains Steady Interest Rates Amidst Dropped Growth

Egypt's central bank kept its overnight interest rates unchanged on Thursday as predicted, saying GDP growth had slowed to 2.9% in the second quarter...

Unlocking Potential: Fintechs Eye Growth Through Strategic Bank Partnerships in 2024

With high interest rates still floating in the market, fintechs can drive profitability through technology and partner with banks to curb costs and fuel...

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...

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,...

JPMorgan Views Less Than 1% Growth as Sufficient for Credit

JPMorgan Chase & Co. isn’t expecting much in the way of US economic growth next year, but it will likely be enough for US...

Euro Zone Bank Valuations Identified as Obstacle to Credit Growth by ECB

Low valuations for euro zone bank stocks appear to reflect concerns about credit risk and shareholder payouts, likely weighing on future credit growth via...

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...

Indonesia’s Q2 GDP Growth Likely to Moderate as Exports Weaken, Reuters Poll Shows

Indonesia’s economy likely grew 4.93% from a year earlier in the April-June quarter, the slowest since the third quarter of 2021, due to weakening...

Vietnam PM Sets Ambitious Target of 9% Growth in Second Half

Vietnam aims to boost economic growth to “about 9%” in the second half of the year as the government will maintain its gross domestic...

Finance Ministry: India Faces Obstacles to High Growth in Current Fiscal Year

The fundamentals of the Indian economy remain strong but adverse global developments and “negative cross-border spillovers” could be obstacles to the country achieving a...

China Unveils Measures to Strengthen Growth of Consumer Businesses

China issued more measures to bolster economic growth, including a plan to boost consumer industries and steps to grow an exchange dedicated to helping...

Fed’s Preferred Inflation Gauge Indicates Easing Price Growth in June

The Federal Reserve's preferred inflation metric grew in June at its slowest annual rate since September 2021. The Personal Consumption Expenditures (PCE) Index grew 3.0%...

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