By Jessica Dye Visa Inc, MasterCard Inc and banks that issue their credit cards have agreed to a $7.25 billion settlement with U.S. retailers in a lawsuit over the fixing of credit and debit card fees in what could be the largest antitrust settlement in U.S. history. The settlement, if […]
Author: InvestAdvocate
JPMorgan says bad trade has ballooned to $5.8B
JPMorgan Chase said Friday that a bad trade had cost the bank $5.8 billion this year, almost triple its original estimate, and raised the prospect that traders had improperly tried to conceal the blunder. “This has shaken our company to the core,” CEO Jamie Dimon said. The bank said managers […]
Oduoza, UBA GMD Bags Fellowship of Adeniran Ogunsanya College of Education
Press Release Lagos; 13/7/2012: In recognition of his sterling contribution to Nigeria’s economic development and the progress of humanity, the Group Managing Director/Chief Executive officer, Mr. Phillips Oduoza has been conferred with Fellowship of the Adeniran Ogunsanya College of Education (AOCOED), Otto-Ijanikin, Lagos State. The award was conferred on Mr. […]
