Author: InvestAdvocate

JPMorgan execs, but not Dimon, to testify on ‘Whale’ trade

Current and former top executives of JPMorgan Chase & Co(JPM.N) will appear before a Senate panel on Friday to testify about the multibillion dollar “London Whale” trading loss, but Chief Executive Jamie Dimon will not be a witness. The Senate Permanent Subcommittee on Investigations released a witness list for the […]

IMF Predicts Algeria’s Economic Growth to hit 3½% by 2015

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF), Wednesday said Algeria’s Economic growth is expected to remain solid, between 3 and 3½ percent (3%-3½%) over the next two years.   Christine Lagarde, Managing Director (MD) of the IMF said this in a Statement made available to InvestAdvocate at […]

New Pontiff Is Pope Francis of Argentina

The new leader of the Catholic Church was revealed today to be Jorge Mario Bergoglio of Argentina and he has taken the name of Pope Francis. He stepped onto the Vatican balcony dressed in white for the first time to address the roaring crowd in St. Peter‘s Square. Bergoglio, 76, […]