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...

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Fed Data Shows Rise in Bank Deposits and Lending in the Latest Week

Bank deposits, and lending rose in week ended July 26, the latest data from the Fed showed. Deposits at large U.S. banks rose by $3.3...

Why Some Analysts Predict a Multi-Year Rally for the US Dollar

The dollar is in the middle of a rally that could extend for years, bolstered by a strong macroeconomic picture and invigorated by the...

Uruguay’s Inflation Rate Drops to 4.8%, the Lowest Level Since 2005

Uruguay’s inflation rate last month fell to its lowest level in nearly 18 years as price gains cooled for food, clothing and gasoline. Consumer prices...

BOJ Intervenes for the Second Time This Week to Curb Yield Spike

The Bank of Japan came into the market for the second time this week to slow gains in benchmark sovereign bond yields, underscoring its...

Chile’s Economy Surprisingly Expands for the First Time Since January

Chile’s economic activity expanded for the first time since January as a surge in mining softened the blow from declines across other sectors, corroborating...

Global Food Inflation Remains High Across the World

Domestic food price inflation remains high, with Venezuela, Lebanon, Zimbabwe, Argentina and Suriname among the hardest hit countries, according to the World Bank. The most...

Dollar Rises on the Back of Fed Loan Survey, Yen Slides

The dollar strengthened on Monday after a survey from the Federal Reserve showed U.S. banks reported tighter credit standards and weaker loan demand during...

Understanding the Bank of England’s Plight and the Need for Empathy

The Bank of England finds itself in a tricky position leading up to this week’s policymaking committee meeting, alongside its counterpart, the Bank of...

Central Banker’s Remark on Prices Signals Possibility of Rate Hikes in the Philippines

Bangko Sentral ng Pilipinas Governor Eli Remolona said upside risks to inflation persist, in comments that indicate the monetary authority is open to further...

Fed’s Emphasis on Data Spells Trouble for the Declining Dollar

The dollar is one of the few assets that's gone down, rather than up this year – and analysts are warning that there could...

Examining the Ripple Effects: How China’s Slower Growth Shapes the World Economy

The Chinese economy could be facing a prolonged period of lower growth, a prospect which may have global ramifications after 45 years of rapid...

The Bank of Japan’s Unexpected Move – Why It Matters to Markets

The Bank of Japan announced Friday “greater flexibility” in its monetary policy — surprising global financial markets. The central bank loosened its yield curve control...

The Daunting Landscape Ahead for America’s Smaller Banks

When Silicon Valley Bank imploded, there was a lot of talk about the future of regional and community banks in the United States. Can...

BNP Becomes the Latest Bank to Pay Fine in Extensive US Messaging Probe

BNP Paribas SA is set to become the latest bank to pay a fine over the use of unapproved electronic messaging platforms. The Paris-based firm...

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