A cautionary look at how the rapid growth of nonbanks is reshaping financial markets, increasing interconnected risks, and challenging global financial stability. - Written by Doğan Erbek and EST Team
Global growth in 2026 is projected between 2.7% and 3.3%, below pre pandemic averages but still resilient amid trade tensions, fiscal constraints and structural headwinds. The article compares UN, IMF…
Artificial intelligence is reshaping global finance, but nowhere is the impact more keenly felt than in Europe, where analysts warn that AI could displace 200,000 bank employees by 2030. -…
As we move into 2025, central banks around the world are navigating a complex economic landscape marked by easing inflation, persistent deflationary pressures, and regional economic disparities. How will they…
This article describes how climate risk management technologies are being utilized by banks, the challenges faced, and how this sector might evolve in the near future. - Written by Doğan…
After years of largely unbroken (and record breaking) interest rate hikes, central banks around the world are finally catching their breaths with newly introduced rate cuts. - Written by Doğan…
While many countries and regions around the world are moving away from cash to more and more innovative payment methods, the EU seems to be doubling down on cash. -…
In an age of extensive customer tracking, deeply personalized digital experiences, and endless cookies, data privacy and ethical data practices have become hot button topics. - Written by Doğan Erbek…
The specter of global public debt has become an ever-present concern haunting economies across Europe. But with recent unprecedented rises in public debt burdens, there’s growing concern that the region’s…
While AI is improving finance in so many ways, its growing global acceptance is creating uncertainty about the place of humans in a world that is increasingly machine-enabled. - Written…