Frauds & Scandals

ETI Plc holds Crucial Board Meeting Today in Lome

Ecobank Transnational Incorporated (ETI) will be holding a requisitioned board meeting today in Lome, Togo – its headquarters; to address a number of issues. Some of these issues include the SEC decision of January 07, 2014, the developments arising therefrom, the SEC letter of January 09, 2014 and the status […]

In wake of JPMorgan settlement, big banks add to defense funds

Several large U.S. banks have set aside extra money to pay for potential legal costs in part because of JPMorgan Chase & Co’s massive $13 billion settlement with U.S. authorities over bad mortgages, according to two sources familiar with the situation. The size of the JPMorgan settlement, which the government […]