Global Banking Monitor

Sunday, May 5, 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: highest

Swiss Franc Hits Highest Level Against Dollar Since 2015

The Swiss franc jumped to its highest level against the dollar since 2015, when Switzerland’s central bank abandoned its policy to contain currency strength. The...

European Central Bank Raises Interest Rates to Highest Level in 22 Years

Eurozone interest rates have climbed to the highest level for 22 years as the European Central Bank indicated it is preparing to take borrowing...

NatWest and Barclays Receive Highest Complaints for Bank Account Closures

NatWest and Barclays Receive Highest Complaints for Bank Account Closures NatWest Group Plc and Barclays Plc got the most complaints over decisions to close bank...

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,...

Indian Forex Reserves Surpass $600 Billion, Near Highest Level in 15 Months

India's foreign exchange reserves (INFXR=ECI) rose for a third straight week to total $609.02 billion as of July 14, the highest in nearly 15...

European Central Bank Raises Interest Rates to Highest Level in 22 Years

The European Central Bank raised interest rates by a quarter of a percentage point Thursday and signaled another hike to come next month, unmoved...

Bank of Canada Raises Rates to Highest Level in 22 Years, Anticipating More Increases

The Bank of Canada on Wednesday hiked its overnight rate to a 22-year high of 4.75%, and markets and analysts immediately forecast yet another...

South Africa Raises Interest Rates to Highest Level Since 2009; Rand Plummets

South Africa’s central bank raised rates to the highest level in 14 years to rein in inflation expectations in an economy that’s expected to...

Eurozone Records Highest Ever Core Inflation

Core inflation in the eurozone hit a record in March, a setback for central bankers whose rapid interest-rate rises have exacerbated financial sector strains...

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...

Inflation in Germany reaches highest point in over seven decades

Inflation in Germany is at its highest point in over seven decades, according to new data published by the Federal Statistical Office on Tuesday. Prices...

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