Sept 25, 2014/IMF-Nadège Jassaud The recent financial crisis revealed several corporate governance failures in the banking sector, both in the United States and in Europe. The Boards of several key financial institutions were found to have been unable either to monitor risk management systems and executive salaries effectively (United States […]

IBFC Alliance Consulting, a research and business advisory firm, has identified loan growth, fees and commissions as some of the drivers of revenue for banks in the country. The company, in its latest ‘Strategic Outlook of the Nigerian Banking Industry’, emphasised the need for banks to develop new sources of […]

Chinese central bank Governor Zhou Xiaochuan, an advocate of pro-market financial reforms, may lose his job in a reshuffling that follows internal battles over overhauling the economy, the Wall Street Journal reported on Wednesday. President Xi Jinping is considering replacing Zhou, the paper reported, quoting officials with knowledge of the […]