-To hold Court Ordered Meeting Dec’ 30 By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE) – Access Bank Plc Tuesday announced it would conclude its proposed merger with Intercontinental Bank Plc in the First Quarter (Q1) of year 2012. This was contained in a Notice from Access Bank to the Nigerian Stock […]

Bank of America agreed to pay $315 million to settle claims by investors that they were misled about mortgage-backed investments sold by its Merrill Lynch unit. The settlement was disclosed in court papers filed late Monday in U.S. District Court in Manhattan and requires the approval of a judge. The […]

The House of Representative has formally asked SEC to stop the recapitalisation exercise of Union Bank Plc today. Details to be issued before end of day. Source: Proshare