Mon, Apr 11 2011 Nigeria‘s FCMB on Monday became the latest bank to announce plans to form a holding company and apply for an international banking licence to comply with new regulations issued by the central bank. The central bank last year said it would stop issuing universal banking licences […]

By Obinna Chima The management of First City Monument Bank Plc (FCMB) Monday disclosed plans to form a holding company and apply for an international banking licence in line with the new regulation issued by the Central Bank of Nigeria (CBN), Reuters has said. The CBN had revoked the Universal […]

By Izabella Kaminska The UK’s Independent Commission on Banking has published its Interim Report on Monday. We’re going through it at the moment, but for now, we’ve put up in the Long Room and provided you with its conclusions. As the press release states, the Commission was asked “to consider […]