Wells Fargo slashed compensation for eight top executives Wednesday in its latest move to try to restore customer confidence after a fake accounts scandal. Wells Fargo, a major retail bank and a...
Businesses in some parts of the country, while generally upbeat, are concerned about the uncertainty surrounding the impending policies of US President Donald Trump, the Federal Reserve said...
Frenchman Herve Renard is believed to be in pole position to land the South African job after being named in a two-man shortlist for the top position amid reports a new man will be announced latest...
The Chief Executive of Dalex Finance Ken Thompson has asked the Bank of Ghana to revise its practice of injecting dollars into the economy to stabilize the cedi whenever the value falls. The Bank of...
In an expansion drive to serve customers better, SME Bank, OmniBank has opened an ultra-modern branch at Tarkwa, in the Western region Coming in as its latest branch in the region after the Takoradi...
A closely watched measure of US inflation in January hit its fastest monthly pace in nearly four years, the Commerce Department reported Wednesday. The data also showed that the Personal Consumption...
Standard Chartered Bank Ghana Limited, has released its results for the year ended 31 December 2016. Underlying operating income of GHC621m was up 17 per cent over previous year as a result of stable...
The Ashanti Regional branch of the Ghana Gold Buyers Association is alleging that foreigners engaged in gold buying in Ghana are involved in money laundering, but the state security agencies are...
Ghana is a nation of 26million inhabitants, with a Gross Domestic Product (GDP) of almost US$35billion, and a universal bank tally of 35. South Africa is a nation of 55million inhabitants, with a GDP...
Barclays PLC is to disinvest its controlling interest in the Barclays Africa Group after four years of joining hands with ABSA Group to form one of the most respected financial institutions in the...
At a furniture store outside India's capital, a salesman scans the manager's ID and takes her fingerprint on a biometric device attached to his cellphone. Within minutes, Meenakshi Sharma becomes...
The Executive Secretary of the Public Utilities and Regulatory Commission says the decision to transfer ยข450,000 into his personal account was not taken by him. Samuel Sarpong, breaking his silence...
The Agricultural Development Bank (ADB) has donated assorted furniture to five departments of the College of Health and Allied Sciences of the University of Cape Coast (UCC) to enhance teaching and...
Banks are paying an average of 11.9 per cent per annum as interest on deposits but charging their borrowers an average of 33.4 per cent as nominal interest on loans annually, data from the Bank of...
The Chief Executive Officer of Dalex Finance Ken Thompson has reiterated calls to allow demand and supply to determine the strength of cedi until it reaches it equilibrium. According to him,...
Consumers of financial services will from henceforth be able to demand compliance from their respective institutions they transact business with. It follows the completion of the Consumer Recourse...
The Chief Executive Officer of Dalex Finance Ken Thompson has reiterated calls to allow demand and supply to determine the strength of cedi until it reaches it equilibrium. According to him,...
The Bank of Ghana (BoG) is alarmed at the rising spate of card fraud and defalcation in the banking sector that is threatening the integrity of the financial system. Fraud remains a major operational...
Indian salt-to-steel conglomerate Tata said Tuesday it had reached agreement with NTT Docomo to pay the Japanese mobile carrier $1.18 billion to settle a long-running legal dispute. Docomo paid $2.6...
Wilbur Ross sailed through Senate confirmation to become the new commerce secretary, despite tough questions about his possible ties with Russian oligarchs through his position on the board of the...
