Author: InvestAdvocate

SAC Capital ex-trader convicted of insider trading

A former SAC Capital Advisors portfolio manager was convicted Thursday of helping his company earn more than a quarter of a billion dollars illegally through trades based on secrets about the testing of a potential breakthrough Alzheimer’s drug. A federal jury in Manhattan found Mathew Martoma, 39, guilty on all […]

ECB and Bank of England keep benchmark rates

The European Central Bank (ECB) today kept its benchmark interest rate unchanged at a record low following data suggesting that the economy in the single currency area maybe improving at last. Also Thursday, the Bank of England kept its monetary policy unchanged as seeks to produce new guidance on interest […]

Ecobank Ranked One of the Top African Banking Brands

Press Release/Ecobank Lome- Togo, February 4, 2014: Ecobank Transnational Incorporated (‘Ecobank’ or ‘the Group’) has been declared the most valuable brand in Africa – outside South Africa – in the annual ranking of the global banking and financial magazine ‘The Banker’ in its special edition Brand Finance Banking 500 of […]