Barclays has reached agreement with its African subsidiary about the details of their divorce, a key step before the British bank can sell more shares in its Johannesburg-listed offshoot. Two people...
U. S. food company Kraft Heinz Co (KHC.O) withdrew its proposal for a $143-billion merger with larger rival Unilever Plc (ULVR.L), the companies said on Sunday, raising questions about whether Kraft...
Local and international banks have been accused of rigging the price of South Africa's currency, the rand, by the country's competition watchdog. Global giants Barclays, JP Morgan and HSBC are among...
Local and international banks have been accused of rigging the price of South Africa’s currency, the rand, by the country’s competition watchdog. Global giants Barclays, JP Morgan and HSBC are...
Seventeen banks have been accused of rigging the price of South Africa’s currency, the rand. The country’s Competition Commission has called for big fines against the banking giants, which...
As part of Barclays Bank Ghana’s celebration of 100 years in Ghana, the bank paid a surprise visit to Citi FM to share some cake with the staff and management. The Head of Communications at...
Parliament’s Appointments Committee has finally cleared Senior Minister-designate Yaw Osafo Marfo and Energy Minister-designate Boakye Agyarko after their approval was withheld over certain...
The Minority in Parliament has vowed to fight the approval of Senior Minister-designate Yaw Osafo Marfo and Energy Minister-designate Boakye Agyarko, Class News’ parliamentary correspondent Ekow...
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City U. S. stock index futures were little changed on Tuesday as investors assessed quarterly earnings reports, while...
U. S. bankers, buoyed by a resurgence in profits, are advising their counterparts in Europe to think positively about the new administration of U.S. President-elect Donald Trump. But many Europeans...
Senior Minister designate Yaw Osafo Maafo has described as a “frivolous propaganda” allegations that he superintended over two major financial scandals- CNT/CI loan and MacMillan- whilst in...
London can breathe easy - it will continue to be the financial lungs of Europe, according to Barclays chief executive Jes Staley. While he admits the bank may have to move some activities to bases in...
Bank of America Corp (BAC. N) reported a near-50-percent jump in fourth-quarter profit on Friday due to cost cuts and higher trading revenue, and its finance chief forecast sturdy income growth ahead...
Britain’s IBF super-middleweight champion James DeGale admits money is motivation enough for his unification fight with WBC champion Badou Jack. DeGale, 30, meets Sweden’s Jack, 34, at New...
Prosecutors in the US have accused three former currency traders at major banks of trying to rig foreign exchange (forex) rates in the banking industry. The three are Richard Usher, Rohan Ramchandani...
An Accra Circuit Court on Friday granted bail to, a 38 year-old banker Kwabena Adu Gyamfi after he was arraigned for stealing. He was said to have stolen an amount of GHC11,000.00 from an account at...
The US Department of Justice is suing Barclays for alleged mortgage securities fraud. It claims that Barclays misled investors about the quality of loans backing securities in the run-up to the...
U. S. Gulf Coast refiners are cashing in on rising fuel demand from Mexico, shipping record volumes to a southern neighbor that has failed to expand its refining network to supply a fast-growing...
Asian shares struggled on Thursday after a lacklustre performance on Wall Street as investors looked to U. S. economic data later in the day for potential catalysts, as markets wind down ahead of the...
Nina Simone, ELO and Sly Stone are among the artists who will receive lifetime honours from the Grammys and the Rock and Roll Hall of Fame in 2017. Six artists have been selected to enter the Rock...
