The price of oil extended gains Tuesday after Asian stock markets trimmed losses following a big sell-off. Benchmark oil for August delivery was up 42 cents to $95.60 a barrel at late afternoon Bangkok time in electronic trading on the New York Mercantile Exchange. The contract jumped $1.49 to close […]
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IOSCO Publishes Principles for the Regulation of Exchange Traded Funds
IOSCO/MR/23/2013MADRID, 24 June 2013 Media Release The Board of the International Organization of Securities Commissions today published the final report on Principles for the Regulation of Exchange Traded Funds (ETFs), containing nine important principles intended to guide the regulation of ETFs and foster industry best practices in relation to these […]
FCMB Lists Holdco, Targets 25% Loan Book Growth in 2013
By InvestAdvocate Lagos (INVESTADVOCATE)-First City Monument Bank Group Plc Monday listed as a holding company (HoldCo) on the Nigerian Stock Exchange (NSE) in Lagos Nigeria as it targets 25 percent (25%) loan book growth in 2013. This is coming on the heels of the Central Bank of Nigeria’s (CBN’s) directive […]

