SHANGHAI – On Tuesday, Hundreds of people rushed to withdraw money from two branches of small Chinese banks after rumors spread about solvency at one of...
MOSCOW – Several Russian banks on Friday saw their customers barred from using Visa and MasterCard credit cards as US economic sanctions over Russia’s takeover of...
LONDON – Barclays is recommending investors own everything in moderation.The bank says investors should stick to a balanced portfolio in coming months, since stocks are looking...
WASHINGTON – U.S. big banks have enough capital buffers to withstand a drastic economic downturn, the Federal Reserve said on Thursday, announcing that 29 out of...
LONDON – European policymakers agreed on Thursday to complete a banking union with an agency to shut failing euro zone banks, but there will be no...
ABUJA – The Central Bank of Nigeria on Wednesday submitted and defended its 2014 budget proposal before the House of Representatives Committee on Banking and Finance....
SINGAPORE – The apparent collapse of Tokyo-based bitcoin exchange Mt. Gox isn’t bothering Anthony Hope and others who have ditched steady careers in government and finance...
ABUJA – Suspended Governor of the Central Bank of Nigeria, Sanusi Lamido Sanusi, has dragged President Goodluck Jonathan before a Federal High Court in Abuja over...
TOKYO/ST LOUIS – Mt. Gox, once the world’s biggest bitcoin exchange, went dark on Tuesday, with its website down, its Tokyo office empty, and a cryptic...
ABUJA – The suspension of Central Bank of Nigeria (CBN) Governor Sanusi Lamido Sanusi, who sounded the alarm on alleged billions of dollars of missing oil...
