Classic Impropriety
The GCB Bank is in the news and worryingly for unenviable reasons. It hurts to brood over a state financial institution being deliberately mismanaged just so persons with links to the corridor of...
Tag: Primary dealers
US Seeks $14bn Deutsche Bank Settlement
The US Department of Justice is asking Deutsche Bank to pay $14bn (£10.6bn) to settle an investigation into mortgage-backed securities, the bank has said. Deutsche Bank said it "has no intention to...
Falling Revenues Put Pressure On Investment Banks
The world’s biggest investment banks saw combined revenues sink by 15 per cent in the first half of this year, the most since the aftermath of the financial crisis, underlining the urgency of...
Ghana Launches $750 Million Eurobond At 9.25%
The Republic of Ghana has launched a $750m bond due 2022 at a yield of 9.25 percent, according to persons close to the deal. That compares with guidance of 9.5 percent area (plus or minus 12.5bp) and...