Nov 12, 2014/Bloomberg Regulators in the U.S., Britain and Switzerland ordered five banks to pay about $3.3 billion to settle a probe into the manipulation of benchmark foreign-exchange rates. Switzerland’s UBS AG was ordered to pay the most at $800 million, according to statements from the U.S. Commodity Futures Trading […]
Frauds & Scandals
Suicide bomber kills at least 7 at bank in northeast Nigeria
Fri Nov 7, 2014/Reuters * Blast targets ATM point of bank branch in Bauchi state * Attack suspected to be work of Boko Haram insurgents * Continued violence casts doubt on announced “ceasefire” (Adds quote from bank spokesman, details, background) A suicide bomber killed at least 7 people outside a […]
Boko Haram steals dynamite in raid on Lafarge Nigeria plant: sources
Nov 6, 2014/Reuters Suspected Boko Haram Islamist militants raided a cement factory owned by Lafarge subsidiary Ashaka Cement and seized dynamite from a quarry, witnesses and a security source said on Thursday. Lafarge Africa said the plant “was the target of an intrusion by people who were strangers to the […]

