British banks that fail to shield their day-to-day banking from risky investment activities could be broken up, Chancellor George Osborne said on Monday, bowing to political pressure to come down harder on reckless lenders. European countries are retooling their financial systems to prevent a repeat of the 2008 financial crash, […]
Author: InvestAdvocate
Investment Account: IMF Introduce Rules to Establish 3 Sub-accounts
By Our Correspondent Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) Monday announced new Rules and Regulations establishing three (3) sub-accounts with the Investment Account. This is contained in a Statement by the IMF and made available to www.investadvocateng.com in Lagos Nigeria. According to the IMF, the three (3) sub-accounts are the […]
Stock market has worst day this year; Dow off 129
The stock market is closing out its worst day so far this year, bringing the Dow average back below 14,000. The drop, which erased 129 points from the Dow Jones industrial average, came on the first trading day after the index closed above 14,000 for the first time since the […]
