The International Monetary Fund (IMF) has asked the Bank of Ghana (BoG) to ensure that banks with minimum capitals below the industry requirement prepare “credible and time-bound recapitalisation...
Bankers have expressed satisfaction with the first 100 days of President Nana Addo Dankwa Akufo-Addo government, singling out the move to re-profile short term debt into longer ones as one of the...
The Bank of Ghana (BOG) has urged financial institutions and stakeholders within the industry to embrace regulatory requirements as they are key to a healthy financial sector. According to the BOG,...
Two former Barclays traders have been acquitted by a jury of conspiring to rig Libor, which is used to set interest rates. Ryan Reich, a 35-year-old American, and Greek national Stylianos...
President Donald Trump has promised sweeping reforms to "horrendous" US banking regulations that were introduced after the financial crisis. "We're going to do a very major haircut on Dodd-Frank," he...
President Donald Trump's pick to serve as the chief US financial markets regulator defended himself Thursday against charges his career as a Wall Street lawyer could hinder his ability to oversee the...
The European Parliament on Thursday overwhelmingly approved a law requiring firms to ensure they do not use so-called conflict minerals from Africa and other areas that end up funding warlords. The...
A top Trump administration financial regulator said Wednesday that tough bank capital requirements should be "recalibrated" as part of a regulatory pullback in order to boost economic growth. J....
President Donald Trump will meet with Main Street community bankers on Thursday to learn more about their difficulties in complying with the tougher Dodd-Frank financial regulations enacted after the...
The latest Annual Percentage Rates (APR) and Average Interest (AI) report by the Bank of Ghana has shown that Unibank still leads as the bank with the most expensive rate on vehicle loans. For three...
The latest Annual Percentage Rates (APR) and Average Interest (AI) report by the Bank of Ghana has shown that Unibank still leads as the bank with the most expensive rate on vehicle loans. For three...
The latest Annual Percentage Rates (APR) and Average Interest (AI) report by the Bank of Ghana has shown that Unibank still leads as the bank with the most expensive rate on vehicle loans. For three...
Government has begun informal talks with key financial institutions on how to reduce the cost of credit and make same available to the private sector to spur growth, Business Development Minister,...
The US central bank chief sparred with legislators Wednesday over its responsibility for the weak economic recovery, bank regulations and its participation in international bodies. In often...
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...
Chinese bank lending surged in January, the central bank said Tuesday, as concerns grow that a flood of credit is increasing financial risks in the world's second-largest economy. New loans extended...
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...
The current falling Treasury bill rates will not reflect a drop in the cost of credit in Ghana, Ecobank Research has stated in its latest analysis of the Ghanaian economy. According to the report, it...
U. S. President Donald Trump on Friday ordered reviews of major banking rules that were put in place after the 2008 financial crisis, drawing fire from Democrats who said his order lacked substance...
The African Centre for Energy Policy (ACEP) has expressed worry about moves to repeal the rules on the Dodd Frank Act by the US government. The existing Act requires US companies abroad to disclose...
