Press Release The Securities and Exchange Commission, SEC Nigeria has been thrown into mourning following the untimely demise of its Head, Media Division, Mr. Felix Olanrewaju Oloyi. Mr. Oloyi, an Assistant Director at the Securities and Exchange Commission, transited to the great beyond on Saturday, 3rd September 2011 at his […]

By MITCHEL MADDUX A legally-blind former Citigroup executive pleaded guilty today to charges that he embezzled more than $22 million from the New York banking giant and used the cash to buy luxury cars. Gary Foster pleaded guilty in Brooklyn federal court to bank fraud charges and now faces up […]

By Joe Rauch CHARLOTTE, North Carolina (Reuters) – JPMorgan Chase & Co, the second largest U.S. bank by assets, led a broader decline in bank share prices, as investors feared lenders face a growing list of lawsuits due to problem mortgages. Late on Friday, the Federal Housing Finance Agency sued […]