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 ...
Tag: bailout
Democrats Say Dodd-Frank Repeal Is ‘wrong Choice’
Democrats are slamming a Republican bid to dismantle financial rules put in place after the 2008 crisis as the "wrong ...
Gov’t Not Ending IMF Programme Due To Borrowing Restrictions
Finance minister Ken Ofori-Atta has refuted claims that the government is rushing to end the International Monetary Fund (IMF) bailout ...
Gov’t Not Ending IMF Programme Due To Borrowing Restrictions – Ofori Atta
Finance minister Ken Ofori-Atta has refuted claims that the government is rushing to end the International Monetary Fund (IMF) bailout ...
S.Korea Throws Shipbuilder Daewoo New $6 Bn Lifeline
South Korea offered troubled Daewoo Shipbuilding & Marine Co. a new $6 billion bailout on Thursday, as the giant firm's ...
Exploding Letter ‘injures One’ At IMF Office In Paris
A letter has exploded and injured a person who opened it at the International Monetary Fund (IMF) office in Paris, ...
Germany’s Deputy Finance Minister
Greece must not be granted a "bail in" that would involve creditors taking a loss on their loans, Germany's deputy ...
Australia Post Boss Resigns Amid Outcry Over Huge Salary
The man credited with saving Australia's government-owned postal service announced his resignation Thursday after a slap down from politicians over ...
New Loans For Greece Depend On IMF Participation
Further financial assistance for Greece depends on the successful completion of a review of its bailout program and the participation ...
Eurogroup’s Dijsselbloem Says Greek Debt Relief Talks Can Resume
Eurogroup chief Jeroen Dijsselbloem said on Saturday talks about initial Greek debt relief measures would be resumed after being frozen ...
Italy Approves A €20bn Bailout Plan For Its Banks
The Italian parliament has approved a government plan for a possible €20bn (£16.8bn) bailout of the country's banks. The Italian ...
Italy Seeks €20bn For Banks As Monte Dei Paschi Flounders
The Italian government will seek parliamentary approval to borrow up to €20bn (£17bn) to support its fragile banking sector and ...
IMF Cash Delay To Push Inflation & Credit Up
The Institute of Statistical, Social and Economic Research (ISSER) is cautioning cost of credit as well as inflation will shoot ...
30 Rural Banks Face Collapse Over Mismanagement
The Bank of Ghana (BoG) is using the ARB Apex Bank to resuscitate some 30 rural and community banks (RCBs) ...
Ghana’s Economy No Longer Bleeding – Mahama
President John Mahama has said the Ghanaian economy is now more predictable and no longer bleeding as it used to ...
Homegrown Solutions Better Than IMF Bailout – TUC To Gov’t
The outgoing General Secretary of the Trades Union Congress (TUC), Kofi Asamoah, has bemoaned government’s decision to always seek bailout ...
IMF to Return in Ghana for Further Bailout Talks
The International Monetary Fund (IMF) says its country mission for Ghana will return next month for further consultations with Ghanaian ...
IMF Bailout Will Consolidate Ghana’s Lower Middle-Income Status Says Ghana’s Minister of Finance, Seth Terkper
The Minister of Finance, Seth Terkper says the government’s main objective for opting for an International Monetary Fund (IMF) program ...