Britain’s financial regulator has launched an investigation into problems at the Co-operative Bank (CPBB_p.L), including the role played by former senior managers, it said on Monday. “The Prudential Regulation Authority (PRA) confirms it is undertaking an enforcement investigation in relation to the Co-operative Bank and as part of that investigation […]
Author: InvestAdvocate
T-Mobile to buy Verizon spectrum for $3.3 billion, eyes more purchases
T-Mobile US Inc (TMUS.N) is buying wireless airwave licenses from Verizon Wireless to improve its high-speed network in a $3.3 billion deal and said it hopes to follow up with more spectrum purchases. Shares in T-Mobile, majority owned by Deutsche Telekom (DTEGn.DE), rose 2.5 percent on Monday after the company […]
LASACO Assurance Post-Tax Profit down by -185.1% in 2012 End
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-LASACO Assurance Plc, Monday reported a decline in post-tax profit of -185.1 percent (-185.1%) in the 2012 audited report as the insurance company recorded a loss of N255.024 million. To record the -185.1% decline in post-tax profit, the company in 2012 end made a negative […]
