GENEVA (AP) — Swiss bank UBS says its chief executive has resigned over a $2.3 billion rogue trading loss. The bank says its Europe chief Sergio P. Ermotti will take over as interim chief executive until Gruebel’s replacement is appointed. UBS board president Kaspar Villiger said in a statement Saturday […]

By InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) has endorsed the United Bank for Africa Plc (UBA), Guaranty Trust Bank Plc (GTBank), Stanbic IBTC and 11 other Mobile Money Firms. A Source close to InvestAdvocate made the list of the Company’s available via e-mail. The 11 other Mobile Money […]

Press Release Union Bank pensioners have unanimously endorsed and approved of the plans and strategies evolved by the management and Board of Union Bank of Nigeria Plc to recapitalise in line with the regulatory requirements.    This endorsement was adopted at an interactive forum with the bank`s management  under the aegis […]