This is a familiar pattern. International financial institutions socialise risk and privatise profit, while invoking development rhetoric to justify fossil fuel expansion in the…
The public confrontation between senior officials, the establishment of inquiries and the intense public debate surrounding the allegations all indicate that accountability…
As foreign banks retreat from the continent, local lenders are stepping up to fill the gap
New instruments have been developed to help mobilise financing for projects to mitigate climate change, but measuring their impact remains difficult
A research paper has raised the possibility that banks have been working together to manipulate the London gold fix rate.
The exasperated chief executive of Société Générale, stood in front of investors in New York on Tuesday this week for some "straight talk".
Mounting fears over the possibility of a Greek debt default and signs of division within Europe’s policymaking circles sent bank stocks sharply lower.
Alleged rogue trader Jerome Kerviel went on trial on Tuesday, accused of unauthorised deals that cost Société Générale €5-billion.
The admission by French bank Société Générale on Thursday that a single trader had defrauded it of €4,9-billion ($7,15-billion) is just the latest example of how a rogue…
Oil leapt more than a barrel to a new record high of ,44 on Tuesday, as a weak dollar and tight fuel stocks prompted buying by speculators. Investors, wary of global equity…