EOCO to Prosecute Those Responsible for Banking Failures
The Bank of Ghana (BoG) has forwarded some dossiers to the Economic and Organised Crime Office (EOCO) and other security ...
Tag: Systemic risk
We’re Not In Financial Crisis – GTUC
The Ghana Technology University College (GTUC) has debunked claims that it is in a financial crisis. It said it has ...
US Abandons Case Against 2 London Whale Defendants
US attorneys in New York are dropping the cases against Julien Grout of France and Javier Martin-Artajo of Spain (seen ...
US Fed Members Divided On Near-Term Inflation Risk
US central bankers are divided over the near-term risk of inflation and disagree over the timing of interest rate hikes ...
US Fed Approves Large Bank Investor Payout Plans
The Federal Reserve gave the green light on Wednesday to plans by all 34 large banks seeking to provide big ...
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: ...
Major US Banks Would Withstand Recession
The largest US banks would withstand a severe recession and still be able to lend to American households and businesses, ...
US Could Ease Some Post-Crisis Regulation
"There is little doubt that the US financial system is stronger today than it was a decade ago," Jerome Powell ...
Trump Administration Unveils Plan To Defang Consumer Watchdog
The Trump administration has said it wants to ease oversight of smaller banks and curb the Consumer Financial Protection Bureau's ...
White House Calls For Rollback of Banking Regulations
The White House on Monday issued a roadmap for loosening US banking regulations, including a recommendation to ease "stress tests" ...
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 ...
Young Chinese In the Red As Easy Credit Drives Up Debt
When Wu Qi and her husband traded in their Mazda 3 for a more expensive Mercedes Benz sedan, they applied ...
Dollar Slips After Cautious Fed Minutes
US central bank policymakers want to see proof the country's economic slowdown is temporary before they raise interest rates, according ...
Fitch Review Demonstrates Confidence In Us
Finance Minister Ken Ofori Atta is attributing the change in Ghana's credit outlook by Fitch as a demonstration of confidence ...
Ecobank Ghana Records 18% Increase In 2016 Revenue
Ecobank Ghana Limited has announced an increase in the bank’s total revenue of GHS1.2 billion for the year 2016, representing ...
Non-Bank Financial Institutions Appeal For Cheaper Funds
The current high lending rate offered to non-bank financial institutions by the Central Bank is rendering them uncompetitive and unproductive. ...
US Senate Confirms Jay Clayton As New SEC Chief
The US Senate confirmed attorney Jay Clayton as the new head of the Securities and Exchange Commission tasked with regulating ...
Mortgage Rates Seen Falling
More workers are expected to qualify for mortgages to buy homes, as the local currency stabilises and Treasury Bills (T-Bills) ...
Trump Is Considering New Glass-Steagall-Style Bank Rules
President Donald Trump on Monday said he is considering breaking up big Wall Street banks, by splitting their consumer business ...
China Targets Debt Risks, But Does It Mean Business?
China has launched perhaps its most concerted push yet to clean up a toxic brew of unregulated and risky lending ...