Lloyds said it could not name the employees because the dismissals were subject to appeal LLOYDS Banking Group today sacked eight managers and traders for the rigging of benchmark interest rates and confiscated £3 million of their future bonuses.
Category: Finance
1ST National Bank Rebrands To GN Bank
FIRST National Bank, a leading universal bank in Ghana, has changed its name to GN Bank, to help inject vigour into the growth of the bank.
European Court Adds 100s Of Millions To UK Bank Taxes
BANKS operating in the UK face extra tax payments worth hundreds of millions of pounds under rules enforced by Europe’s top court.
Orange, BoA Expand Pact To Offer Mobile Financial services
BANK of Africa (BoA) and Orange Money customers would be able to transfer money directly from their Orange Money account to their BoA account and vice versa simply with their mobile.
Simon Dornoo Injects Dynamism Into GCB
The Ghana Commercial Bank (GCB) Limited, a leading universal bank over the weekend rebranded to GCB Bank Limited to help inject dynamism into the growth of the bank.
How Come Insurance On Credit?
By Mawuli Zogbenu It is for the good of everyone in the family that a mother would force a bitter concoction down the throat of a sick child’ – A Ghanaian proverb.
UBA Outshines Rivals at The Banker Award
The innovations by United Bank for Africa (UBA), in providing convenient banking platforms for individuals and businesses have received global endorsement and recognition.
MP Battles BoG Over Exchange Rates Illegality
The Member of Parliament for Obuasi West and a Member of Parliament’s Finance Committee, Kwaku Kwarteng has warned about the implications of the irregular currency and exchange rate practices being perpetrated by the Bank of Ghana (BoG) would have dire consequences on the Ghanaian economy.
Qatar Bank buys Ecobank Stake
THE Qatar National Bank (QNB) has bought a 12,5 percent stake in Ecobank Transnational Incorporated (ETI) in a transaction valued at US$ 200 million. This is the latest drive by the Doha-based bank’s drive to be the biggest bank in the Middle East and Africa by 2017. QNB bought the shares from the Asset Management […]