Global Banking Monitor

Tuesday, May 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: hits

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...

Nigerian Currency Hits Record Low Against Dollar, Central Bank Revokes Licenses of 2,700 Currency Exchanges

The exchange rate of the Nigerian currency versus the greenback recently plunged to an all-time low of NGN860:USD1. The naira’s depreciation has been attributed...

Concerns Mount as Australia’s Central Bank Hits Pause with Restrictive Policy Stance

Australia's central bank decided to keep interest rates steady this month as policy was clearly restrictive and there was a risk a squeeze on...

Declining Economy Hits Hardest on Low-Grade Junk Bonds

The riskiest corporate bonds are dropping as signs of economic weakness spread, raising the specter of more defaults and distress. Debt from companies rated CCC...

Inflation Hits Record Low in Europe Amidst Russia’s Ukraine Invasion

Inflation in Europe has fallen to its slowest pace since Russia invaded Ukraine, bolstering the case for the region’s central bank to bring interest...

Turkey’s Lira Hits New All-Time Low Following Erdogan’s Re-election

The Turkish lira sank to a fresh record low Monday as incumbent Recep Tayyip Erdogan secured his victory in the 2023 presidential election, extending...

Consumer Debt Hits All-Time High of $17 Trillion, Despite Decrease in Mortgage Demand

Total consumer debt hit a fresh new high in the first quarter of 2023, pushing past $17 trillion even amid a sharp pullback in...

European Bank Capital Bonds Tumble as Credit Suisse Write-Off Hits Market

Switzerland’s move to wipe out $17 billion of Credit Suisse Group AG bonds has prompted investors to reassess a market integral to the safety...

Turkey’s January Current Account Deficit Hits All-Time High

Turkey's current account deficit widened to $9.85 billion in January, data from the central bank showed on Monday, the highest level in four decades...

- A word from our sponsors -

spot_img

Follow us

HomeTagsHits