Global Banking Monitor

Tuesday, May 7, 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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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...

UK Inflation Dips Below 8% for First Time in Over a Year

Britain’s inflation rate dropped to the lowest in 15 months, fueling hopes among investors and economists of a shift away from the worst price...

Sri Lanka Reduces Interest Rates for the First Time in Three Years as Inflation Cools

Sri Lanka unexpectedly cut its benchmark rate for the first time in nearly three years with the central bank targeting inflation easing to single-digits...

Closing window: Washington’s time to resolve the US debt ceiling is running out

With the US Treasury saying it’s exhausted all but $88 billion of its authorized measures to keep the government from running out of borrowing...

Americans’ total debt breaches $17 trillion mark for the first time ever

Americans’ debt levels continue to climb to new heights at a time when economic conditions are becoming increasingly less stable. Household debt balances set a...

Nordic FinTech Week: Time to register!

One of the most celebrated and influential FinTech events in the world has announced the dates for this year's extravaganza. Nordic FinTech Week will...

Fed officials expect to keep interest rates elevated for ‘some time,’ minutes show

Federal Reserve officials reaffirmed their commitment to fighting inflation at their December meeting and indicated that interest rates could remain elevated for some time...

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