Pan-African Banking Finding Its Stride
In the years since the global financial crisis, Africa has witnessed a rapid expansion of cross-border banking, led by banking groups based in Africa that are spurring financial and economic...
Tag: Financial crisis of 20072008
‘Significant Uncertainty’ About Fiscal Policy Under Trump
U. S. Federal Reserve Vice Chair Stanley Fischer said there was significant uncertainty about U.S. fiscal policy under the Trump administration, but the Fed would be strict in meeting targets of...
Trump Treasury Nominee Mnuchin To Defend Banking Record To Senators
President-elect Donald Trump's choice for Treasury secretary, Steven Mnuchin, will defend his banking record in the aftermath of the financial crisis on Thursday and sell senators on why he should be...
An Imminent Financial Peril??
Mr. Mervyn King, former head of the United Kingdom's Bank of England, recently stated that another financial crisis is “certain” and could come sooner rather than later. Mr. King also believes...
Bosses ‘do Not Deserve Bumper Pay Packets’, Study Finds
The link between what bosses are paid and a company's financial performance is "negligible", new research finds. The median pay for chief executives at Britain's 350 biggest companies was £1.9m in...
US Alleges Barclays Mortgage Securities Fraud
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...
How Strong Are Our Banks?
How strong are our banks? In recent months, l have heard and read about genuine concerns expressed about the “banking sector” in Ghana. The sad reality, however, is that most of the concerns are...
BoG Teams Up With IFC To Encourage Corporate Governance
The Bank of Ghana (BoG) has entered into a partnership with the International Finance Corporation (IFC) to promote sound corporate governance in the country’s banking sector. “I believe this...