Investor-Banks led by State Bank of India (SBI) seem to have finally zeroed in on an investor to sell their investment in YES Bank (YBL). Japanese financial conglomerate Sumitomo Mitsui Banking ...

The turmoil caused by the sudden hike in US tariffs is an opportunity for banks to grab business from competitors, according to Deutsche Bank AG’s Chief Financial Officer. “We’re helping ...

The Commission of Administrative Justice (CAJ) has asked the National Social Security Fund (NSSF) to publish its annual financial reports within 21 days, to allow taxpayers and contributors to ...

Dutch bank ING is working on a stablecoin, looking to take advantage of Europe’s new cryptocurrency regulations that came into force last year, according to two people with knowledge of the plans.

The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations ...

U.S. Bank was among the leaders in the latest wave of closures, with some 40 locations set to shut down operations, according to filings with the Office of the Comptroller of the Currency (OCC).

The Group President and Managing Director, TDB Group, Admassu Tadesse, outlines his strategic priorities which include an agreement with the West African Development Bank (BOAD), expansion in Senegal ...

The Trade and Development Bank (TDB) has spearheaded numerous high-impact financing projects that strengthen energy infrastructure and promote sustainability across Africa. Notable initiatives include ...

The Central Bank says, in this letter, that it had conducted an analysis of these trades that revealed the following. First, instances where NSSF was buying bonds at significantly higher than the ...

including the Africa Export-Import Bank (Afrexim) and the Trade and Development Bank (TDB), could be stripped of their Preferred Credit Status, JPMorgan analysts warned. Preferred Creditor Status ...

The World Bank, for example, extended a $300 million facility earlier this year to help accelerate development of clean energy. The TDB may issue within 12 months as an “element of normalization” ...