Before last week’s FOMC meeting Financial markets across the globe, particularly the emerging market counterparts were thrown off-balance between June and mid-September after the U.S Fed signalled in its FOMC meeting that it will scale back on the US$85 billion monthly bond purchases contingent upon positive economic data. Following the […]
Author: InvestAdvocate
Former IMF chief Strauss-Kahn to take up new job as head of Luxembourg-based investment bank
The head of a Luxembourg-based investment bank says Dominique Strauss-Kahn will soon take a new job as his company’s president  the latest step by the disgraced former IMF chief to rebuild his reputation. Chairman Thierry Leyne of Anatevka says Strauss-Kahn will become president on Oct. 18 and the company […]
Access Bank Responds to Business Day Publication on Banks with Equity in CDL
We refer to the publication by Business Day Newspaper with the title ‘Third-Quarter Earnings of Banks with Equity in CDL May Drop’ in its today’s edition. The newspaper had reported that Access Bank has equity and deposit exposures to Consolidated Discount House Ltd (‘CDL’), a company which is reported to […]
