By Agency Reporter Wednesday, 9 Feb 2011 Deutsche Bank AG, Germany’s biggest bank, may lose a ruling in the first case heard by the country’s top civil court over an interest-rate swap the lender sold to companies and local governments, a judge said. The bank may have violated its duties when […]

By Agency Reporter Wednesday, 9 Feb 2011 Citigroup Incorporated, the third-largest United States bank, settled or lost at least five claims in 2010 brought by borrowers who accused the bank of filing fraudulent mortgage documents provided by a Texas firm, Bloomberg said on Tuesday. In the most recent settlement in December, […]

By Ifeanyi Onuba, Abuja Wednesday, 9 Feb 2011                                                                              Worried by the spate of insecurity across the country, the Nigeria Deposit Insurance Corporation on Tuesday took a bold step towards securing its assets and documents. The NDIC Acting Managing Director, Alh Umaru Ibrahim disclosed this in Abuja while declaring open a security […]