Subprime mortgage crisis

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EC Finance Director Threatens Suit Over ‘suspension’

The Electoral Commission may soon have a lawsuit on its hand if its embattled Director of Finance, Dr. Joseph Kwaku...

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GCNET To Pilot Paperless Regime In August

The Ghana Community Network Services Limited (GCNet) has told Citi Business News it will from next month , pilot its...

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Citigroup Picks Frankfurt As New EU Hub After Brexit

Citigroup has picked Frankfurt as its headquarters for broker-dealer duties for EU countries after Brexit, a Citigroup...

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Goldman Sachs Profits Flat Amid Weak Trading Results

Global financial services giant Goldman Sachs reported flat second-quarter earnings Tuesday as gains in investment...

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Higher Interest Rates Boost Bank of America Earnings

Bank of America reported higher second-quarter earnings Tuesday, thanks to a boost in total loans and the benefit of...

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China Cuts Off Wanda Funding After Overseas Buying Spree

China plans to squeeze high-flying billionaire Wang Jianlin's conglomerate Wanda by cutting off new loans and...

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Dow, S&P 500 End Week At Records; Dollar Tumbles

Wall Street stocks finished at fresh records Friday following solid bank earnings, while the dollar retreated after...

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JPMorgan Chase Profits Up On Loan Growth

JPMorgan Chase reported higher second-quarter earnings Friday, boosted by loan growth and the benefits of increased...

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RBS Agrees $5.5 Bn Subprime Charge With US Regulator

Royal Bank of Scotland on Wednesday agreed to pay a US regulator $5.5 billion (4.8 billion euros) over its role in the...

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Patients Turned Away As Pantang Hospital Staff Strike

Dozens of patients who reported at the Pantang Hospital on Monday, July 10, were turned away as the staff of the...

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We Are Not For Sale

North London Premier League football club Tottenham Hotspur has said that it is not in any discussions relating to a...

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EOCO Investigates Top EC Officials Over Missing Cash

Citi News has gathered the Economic and Organized Crime Office (EOCO) has begun investigations into the loss of 480,000...

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Bernard Avle, MTN CEO Inspire Patrons of 2017 Victory Business Summit

Director of News Programming at Citi FM and host of the Citi Breakfast Show on Monday patrons of the Victory Business...

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Are US Banks Regaining Their Appetite For Acquisitions?

News that JPMorgan Chase considered bidding for British payment company Worldpay signals that big US banks could be...

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GCNet Denies Contributing To Excessive Delays At the Ports

The Ghana Community Network Services Limited (GCNet) has dismissed reports of technical breakdown in its systems which...

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Big Investor Payouts Seen At US Banking Giants

As they await this week's stress test results, US banks face a dilemma their European counterparts can only dream of:...

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US Existing Home Sales Rebound In May As Prices Rise

Sales of existing homes rebounded in May after April's surprise dip, and prices edged higher, according to industry...

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10 Years After US Housing Crash, Remnants Accompany Recovery

Boarded-up homes became a ubiquitous symbol of the US housing crash, with once-prosperous neighborhoods left to decay...

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Sales Revolution Starts Tomorrow

The Sales Revolution, which is part of the Citi Business Festival will start tomorrow. The two day event comes off at 8...