A monetary policy shift tends, generally, to transmit a change for the future in the expected behaviour of macroeconomic variables from their initial position, alter in the process the behaviour of economic agents and, finally, create a new equilibrium position, hopefully, in the direction expected by the central bank in […]
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Don’t employ without approval, CBN tells banks
The Central Bank of Nigeria has barred Deposit Money Banks and discount houses from recruiting new employees without first seeking the central bank’s written approval. The development followed the rising cases of fraud and the attendant recycling of dismissed employees in the financial services industry, according to a new CBN […]
1st Capital Bank Announces: Appointment of Stuart Tripp as Regional President
1st Capital Bank (OTCQB: FISB) (“Bank”) today announced the appointment of Stuart Tripp as the Bank’s Regional President, with primary responsibility for the market area from Monterey in the south to Santa Cruz in the north. Mr. Tripp is a veteran California banker with over twenty-five years of experience serving […]