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Lloyds, Halifax and Bank of Scotland customers face payments problems

2019-01-18 18:44:50| BBC News | Business | UK Edition

Hundreds of thousands of customers were unable to do most payments transfers from online accounts.

Tags: problems face bank customers

 

World Bank warns of 'darkening skies' for global economy

2019-01-08 22:00:40| BBC News | Business | UK Edition

In its annual report on global prospects the World Bank forecasts a slowdown in economic growth.

Tags: world global bank economy

 
 

Jim Yong Kim steps down as President of World Bank

2019-01-07 18:52:36| BBC News | Business | UK Edition

The World Bank's president is leaving his post three years before his term was due to end.

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MTN agrees settlement with Nigerian Central Bank

2018-12-27 09:48:00| Telecompaper Headlines

(Telecompaper) MTN Group said it has reached an agreement with the Central Bank of Nigeria (CBN) over the repatriation of USD 8.1 billion from Nigeria to South Africa allegedly in breach of forex rules, and is withdrawing its cautionary share trading warning. It has agreed to pay a notional reversal of the 2008 private placement of shares in MTN Nigeria at a net cost of some NGN 19.2 billion (USD 52.6 million) but without admission of liability. The CBN said that certain certificates of capital importation (CCIs) used in the private placement had not been properly issued.

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Bank cuts growth forecast amid Brexit worries

2018-12-20 13:15:34| BBC News | Business | UK Edition

The Bank of England keeps rates on hold and warns the lack of Brexit clarity is hitting the economy.

Tags: bank growth cuts forecast

 

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