Author: InvestAdvocate

Big banks give $22 billion under mortgage relief deal

Five U.S. banks have provided about $22 billion in mortgage relief to customers under a deal to settle borrowers’ accusations over foreclosures, a report by the settlement’s monitor said on Monday. The report said that Bank of America Corp (BAC.N), which owes the most, improved in delivering first-lien mortgage modifications […]

Real GDP growth in ECOWAS area to rise 6% in 2013

  By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Analysts at the just concluded Second West Africa Global Banking & Investment Forum in London United Kingdom (UK) has affirmed that Real Gross Domestic Product (GDP) growth in the Economic Community of the West Africa States (ECOWAS) area is expected to rise to six […]

THEWILL Investigations: Banks Snub CBN’s Directive Scrapping N100 ATM Fee

… Access Bank, Fidelity, FCMB Top List Of Defaulting Banking Institutions Investigations carried out by THEWILL between last Tuesday and today (Sunday) have shown that some Nigerian banks are yet to implement the new Central Bank of Nigeria (CBN) directive that scrapped the N100 ATM fees which banks usually charge […]