Tag: Standard Chartered

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StanChart launches $1 billion buyback, lifts targets as rising rates buoy income

Standard Chartered (STAN.L) raised its performance goals, unveiled a new $1 billion share buyback and produced a 28% rise in annual profit as global interest rate...

Rising interest rates have a sting in the tail for Europe’s banks

Rising borrowing costs are giving a long-awaited lift to Europe's beleaguered banks, but they come with a sting in the tail. Last year central banks...

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World Bank’s Banga says more bilateral debt forgiveness needed

World Bank President Ajay Banga said on Thursday (17...

Ghana, creditor panel agree on debt restructuring, paving way for IMF cash

Ghana has finalised a pact with its official creditor...

Nigeria strikes deal with Shell to supply $3.8 billion methanol project

Nigeria has struck a deal for Shell (SHEL.L), opens new...

Africa’s $824 billion debt burden and opaque resource-backed loans hinder its potential, AfDB president warns

Africa's immense economic potential is being undermined by non-transparent...

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