Latest Banking News
US Blocks Sale Of Moneygram To China’s Ant Financial
The US has blocked the $1.2bn (£880m) sale of money transfer company,…
Angola’s Central Bank Plans to Loosen Kwanza’s Peg to Dollar
Angola has unveiled plans to loosen its currency peg to the dollar…
Swiss Banks To Begin Collecting Foreign Taxpayer Data
Several of Switzerland's agreements for the automatic exchange of information (AOEI) in…
Goldman To Take $5Bn Hit To Profit From New Tax Law
Goldman Sachs Group Inc said today that it expected its fourth-quarter earnings…
Barclays Expects $1.3BN Writedown From U.S. Tax Reform
Barclays on Wednesday stated that it expected to take a writedown of…
JPMorgan Pays $2.8M Fine Over Improper Safeguards For Customers
JPMorgan Chase & Co will pay $2.8 million to settle charges that…
Heritage Bank, Folio Group Partner On Miss Nigeria 2017 Beauty Pageant
Heritage Bank Plc has partnered Folio Media Group, publishers of the Daily…
SEC, IST Partner To Curb Market Infractions
The Securities and Exchange Commission (SEC) has expressed readiness to partner with…
Bitcoin Up 10% After Last Week’s Massive Selloff
After a massive loss in value recorded last week, Bitcoin has extended…
China Central Bank Official Says Bankruptcy May Benefit Country
A Chinese central bank official said China should allow local governments to…