China Construction Bank Corp (CCB) said on Thursday that it is investigating allegations by investors that a clerk at the country’s second-biggest lender misled them into buying a wealth management product that underperformed. Seven investors have complained to the country’s banking and securities regulators after the product lost more than […]
Author: InvestAdvocate
Home prices rose in ninth straight month: S&P
Single-family home prices rose in October for nine months in a row, reinforcing the view the domestic real estate market is improving and should bolster the economy in 2013, a closely watched survey showed on Wednesday. The S&P/Case Shiller composite index of 20 metropolitan areas gained 0.7 percent in October […]
CBN’s anti-fraud software’ll strengthen financial sector – SEAP boss
The Executive Programme Director, Self Reliance Economic Advancement Programme (a financial services institution), Mr. Oladokun Olatunde, has said that the introduction of an anti-fraud software by the Central Bank of Nigeria is a development that will reduce fraud in Nigeria’s financial sector. Olatunde, in an interview with our correspondent during […]
