In a bold move that underscores its commitment to operational excellence, Standard Chartered has launched SC GPT, a generative AI (GenAI) tool designed to revolutionize the bank's operations across the world. Introduced in 41 markets, SC GPT is poised to enhance both operational efficiency and
President Donald Trump's recent announcement of extensive tariffs on imports has divided economic experts and political leaders across the United States. With tariffs aimed primarily at China and the European Union, Trump's policy intends to invigorate domestic manufacturing but risks significant
U.S. Bank stands as a prominent financial institution, boasting an extensive network of over 2,000 branches across 26 states. This expansive presence makes it a convenient option for customers who value traditional, in-person banking services. The bank offers a wide array of services, including
U.S. stock futures are moving downward as investors anticipate the release of the Personal Consumption Expenditures (PCE) data, a crucial indicator of inflation. The February data is projected to show continued elevation in inflation rates. Analysts estimate the annual inflation rate will remain at
The retirement prospects of Generation X, those aged 44 to 59, have become a pressing issue as numerous members of this cohort express concerns about their financial preparations for retirement. According to a recent survey by Fidelity Investments, 45% of Gen Xers feel uncertain about their ability
In 2024, approximately $9.7 trillion of global trade—more than 80% of all international trade transactions—depended on trade finance, underscoring its essential role in the global commercial ecosystem. Through trade finance mechanisms, a small textile manufacturer in Bangladesh can confidently
The year 2024 shattered previous climate records, serving as a somber reminder of the accelerating pace of climate change. The World Meteorological Organization (WMO) released a comprehensive report, "State of the Global Climate," highlighting the rapid escalation of global temperatures,
Priya Jaiswal is a recognized authority in Banking, Business, and Finance, with extensive expertise in market analysis, portfolio management, and international business trends. Today, she will be offering insights into the OECD's recent revisions of global economic growth forecasts, particularly in
Efficiently managing spend and expenses is pivotal for small and midsize businesses (SMBs) aiming to stay competitive and maintain financial health. Spend and expense management involves handling budgets, managing business credit, allocating resources, and tracking expenditures beyond payroll. This
Francois Villeroy de Galhau, a notable member of the European Central Bank (ECB) Governing Council and Governor of the Banque de France, has recently voiced his concerns about the United States' endorsement of cryptocurrencies and non-bank finance systems. According to Villeroy, the U.S.'s support
