President Goodluck Ebele Jonathan has signed the 2013 appropriation bill into law after withholding his assent to the bill for more than 6 weeks. The President and the National Assembly have been at loggerheads over the spending bill with the federal legislators threatening to jettison his assent with a veto. The National […]
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Goldman managing director in insider trading probe leaves bank
A Goldman Sachs Group Inc salesman under investigation for possibly passing confidential information about technology companies to hedge funds has left the bank, a spokesman confirmed on Monday. David Loeb, 42, a managing director based in New York, has never been charged with wrongdoing. But his name surfaced among a […]
JPMorgan Chase to cut up to 4,000 jobs in 2013
JPMorgan Chase & Co plans to cut 3,000 to 4,000 jobs in its consumer bank in 2013, representing about 1.5 percent of the company’s overall workforce, as the bank tries to improve the profitability of its branches. The cuts will come mainly through attrition, spokeswoman Kristin Lemkau said. The bank’s […]
