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: spending

Mexico Confronts Unfavorable Inflation Developments Amidst Holiday Spending Spike

Mexico’s consumer prices rose more than expected in early December as increased holiday season-related spending keeps pressure on the central bank. Consumer prices rose 4.46%...

Canadian Retail Sales Soar with 0.8% Jump, Reflecting Sharp Spending Increase

Canadian consumers splurged in September and October, a surprise resurgence in spending even as high interest rates restrict household budgets. Receipts for retailers rose 0.8%...

CEO of Bank of America Reverses Recession Call Citing Robust Jobs and Spending

Bank of America Corp. Chief Executive Officer Brian Moynihan said the firm reversed its prediction for a recession in coming months because of strength...

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...

Thailand Needs to Generate More Revenue to Stimulate Spending, Advises World Bank

Thailand must bolster its revenue collection in the long term to meet growing public spending needs stemming from an aging population, according to the...

Fed’s Preferred Inflation Measure Rises Below Expectations, Spending Moderates

A key gauge of US inflation rose last month by less than expected and consumer spending stabilized, suggesting the Federal Reserve may be close...

Brazil’s Fiscal Framework to Feature New Spending Tracking Rule, says Haddad

Brazil's finance chief said the government's eagerly awaited fiscal framework would include a new rule to monitor spending but without addressing public debt, in...

Consumer Spending in China Remains Subdued, According to Companies

China has yet to see a strong rebound in consumer spending, according to major companies. Consumer spending is recovering in an imbalanced way, which means...

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