Britain‘s financial services regulator said on Friday it had fined the UK subsidiary of Nigeria‘s Guaranty Trust Bank 525,000 pounds ($815,000) for failing to have adequate controls to prevent money laundering. The Financial Conduct Authority (FCA) said that between May 2008 and July 2010, GT Bank UK had failed to […]
Author: InvestAdvocate
Consolidated Hallmark to pay N180m dividend
Consolidated Hallmark Insurance Plc has said it will pay out a total of N180m dividend to its shareholders for the 2012 financial period. The Chairman, CHI, Dr. Ralph Ekezie, said this during the firm’s 18th Annual General Meeting, which held in Lagos on Wednesday. “In line with our promise to […]
Recovery hopes leave European shares hovering at two and a half month highs
European stocks rose to 2-1/2 month highs on Monday on signs that China’s slowdown has run its course and expectations that data this week will point to the euro zone pulling out of its longest recession on record. Britain’s FTSE 100 (.FTSE), Germany’s DAX (.GDAXI) and Paris’s CAC 40 (.FCHI) […]
