By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)- Pan-Africa lender Ecobank Transnational Incorporated (ETI) Friday said its set to reconstitute its board of directors. This is coming on the heels of a proposed extraordinary general meeting (EGM) of the bank scheduled for Monday, March 03, 2014 in Lome, Togo. Apart from reconstituting […]
Frauds & Scandals
Ecobank calls EGM on reform after criticism by Nigerian watchdog
Ecobank has called an extraordinary general meeting for March 3 to adopt an action plan and reconstitute its board of directors in response to criticism of its governance by Nigeria’s securities regulator. The meeting of one the biggest financial institutions in sub-Saharan Africa will also adopt a resolution on capital […]
SAC Capital ex-trader convicted of insider trading
A former SAC Capital Advisors portfolio manager was convicted Thursday of helping his company earn more than a quarter of a billion dollars illegally through trades based on secrets about the testing of a potential breakthrough Alzheimer’s drug. A federal jury in Manhattan found Mathew Martoma, 39, guilty on all […]
