trillion Archives - Global Banking Monitor

Apple Pay processes $6 trillion in 2022

For those executives who haven't been watching the continued growth of Apple Pay, the recent metrics published by Capital One will make for stimulating...

Americans Reach Record $1 Trillion Credit Card Debt

Credit card debt hit $1 trillion for the first time on record, according to new data, a troubling development as interest rates and delinquencies...

Japan Poses $3 Trillion Threat to Global Financial Markets

Bank of Japan Governor Haruhiko Kuroda changed the course of global markets when he unleashed a $3.4 trillion firehose of Japanese cash on the...

US Economy Faces Risks as $5.5 Trillion Savings Wipeout Unfolds

The US economy has held up remarkably well this year, defying recession predictions, thanks in part to Americans' pandemic-era savings that have cushioned consumer...

Threat of $1 Trillion Debt Deluge from Treasury Puts Market Stability in Jeopardy

Investors are bracing for a flood of more than $1 trillion of Treasury bills in the wake of the debt-ceiling fight, potentially sparking a...

Implications of $2 Trillion Exit from Global Economy Raise Concerns over Potential Turmoil

Central banks have been credited with averting a global depression twice over the past 15 years: Once after the 2008 financial crisis, and again...

Wall Street Concerned About Potential $1 Trillion Aftershock Resulting from Debt Deal

Looming behind market fears over the prospect of a historic US default is the less-discussed risk of what would follow a deal to resolve...

Global Debt Climbs as Emerging Markets Surpass $100 Trillion, Reveals IIF Study

A measure of debt across the globe rose in the first quarter to almost $305 trillion, and the rising cost to service that debt...

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...

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...

US Commercial Properties Face Looming Wall of Debt Valued at $1.5 Trillion

Almost $1.5 trillion of US commercial real estate debt comes due for repayment before the end of 2025. The big question facing those borrowers...

Global Financial Markets at Risk from Japan’s $3 Trillion Problem

Bank of Japan Governor Haruhiko Kuroda changed the course of global markets when he unleashed a $3.4 trillion firehose of Japanese cash on the...

Schwab’s $7 trillion business built on low rates displaying cracks in foundation

On the surface, Charles Schwab Corp. being swept up in the worst US banking crisis since 2008 makes little sense. The firm, a half-century mainstay...

Goldman Sachs estimates Inflation Reduction Act could cost US $1.2 trillion

President Biden's clean-energy law will cost roughly $1.2 trillion, a figure three times more than what supporters initially claimed. The Inflation Reduction Act was passed...

Stripe employees get to sell $1bn of shares

Strategies for Upskilling Your Workforce in an AI-Driven Economy

Five Strategies for Enhancing Internal Communications in Banks

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