THE 3rd Annual Islamic Banking Summit Africa (IBSA Djibouti 2014), which opened today at the Djibouti Palace Kempinski, saw more than 200 leaders in the international Islamic banking and finance industry engage in detailed discussions that focused on ‘capturing the Africa opportunity in Islamic finance’.
ROYAL Bank of Scotland has signed a poacher-turned-gamekeeper agreement with the City of London Police to provide free training and advice on financial crime.
Second-biggest investor in emerging markets bank backs chief despite big share price fall from £20 in 2010 to £9.50 last week PETER SANDS, the beleaguered chief executive of banking giant Standard Chartered, received public backing this weekend from the lender’s second-largest shareholder.
ORGANISERS of the 13th edition of Ghana Banking Awards have adjudged Access Bank as the Bank of Year for 2013, leaving rivals to chase their shadows.
MOODY’S Investors Service, a United States-based leading provider of credit ratings, research, and risk analysis has downgraded Mauritius Commercial Bank Ltd’s long-term and short-term deposit ratings to Baa3/Prime-3 from Baa1/Prime-2.
US authorities have reopened an investigation into Standard Chartered to determine whether the UK bank hid transactions that flouted sanctions laws as it was settling a related action two years ago, people familiar with the matter said. The inquiry is a blow for StanChart and its embattled management team. Peter Sands, one of the longest […]
STANDARD Bank Group, Africa’s largest bank by assets and earnings, has been ranked 19th in the Bloomberg Markets World’s Greenest Bank Report.
THE Nigerian Stock Exchange ( NSE) has received a unanimous vote for admission as a full member in the World Federation of Exchanges (WFE), the global trade association for the operators of regulated securities exchanges.
WORLD Bank Group President Jim Yong Kim will arrive in Ghana on Thursday, October 30, 2014, for meetings with Vice President Kwesi Amissah-Arthur and other country officials. Dr. Kim will also meet with officials of the UN Mission for Ebola Emergency Response (UNMEER) to discuss the Ebola epidemic and its debilitating impact on the three […]
THE scandals buffeting the financial markets are not down to a “few bad apples” and authorities are ready to impose more regulation on the sector to regain public trust, a senior Bank of England official has said.
