Ghana trades domestic cocoa processing for foreign exchange

Ghana trades domestic cocoa processing for foreign exchange

Although the export of the beans earns the country a minimum of about US$ 1.7 billion in foreign exchange yearly, it constrains growth in each of the six major processing companies, partly causing them to limit the industry's installed capacity to the …

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Shockwaves of CHF Crisis Impact Foreign Exchange Prime Brokers

Credit risk has been a key driver of change in the Foreign Exchange Prime Brokerage market, after gaining some traction post-collapse of Lehman and AIG, the sector has once again entered difficult territory. Bank of America Merrill Lynch, a leading US …

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JPMorgan Settles Investor Foreign-Exchange Rigging Lawsuit

(Bloomberg) — JPMorgan Chase & Co. agreed to settle a lawsuit over its role as one of a number of banks that allegedly rigged prices in the $ 5 trillion-a-day foreign exchange market, making it the first financial firm to reach an accord with investors …

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