Five banks have boosted the businesses of their customers with N6.561trillion in the first six months of the year through loans and advances. The amount of...
As part of efforts to reposition the bank and record better future performance, Skye Bank Plc has made a total provision of N34.681 billion for impairment...
Saudi Arabia’s central bank offered lenders short-term loans in late June to help ease liquidity constraints, according to five people familiar with the matter. The Saudi...
Skye Bank Plc has received over N100bn in liquidity from the Central Bank of Nigeria since July 4 to shore up its operations, its new Managing...
Two more bankers joined a list of currency traders suing their employers in London following $10 billion in fines dished out by regulators after the foreign-exchange...
Goldman Sachs Group Inc. has become the latest bank to turn more bearish on stocks. Goldman analysts led by Christian Mueller-Glissmann have downgraded global equities to ‘neutral’...
Barclays Plc sold one-fifth of its stake in Barclays Africa Group Ltd as part of it plan to overhaul the British bank. The bank sold 12.2...
First bank profit took a hit as forex scarcity and global slowdown continue to wipe-off banks’ profits. The earnings report released on Tuesday showed the bank’s...
JPMorgan Chase & Co. will pay more than $300 million to settle U.S. allegations that it didn’t properly inform clients about what the Securities and Exchange...
Standard Chartered Plc raised about $5.1 billion after 96.8 percent of the bank’s shareholders exercised their rights in a share sale on Friday, signaling confidence in...