Ahead of the start of market making activities in the equities market on Tuesday (tomorrow), market analysts have called on regulators to ensure adequate supervision of the process. Analysts, who spoke in separate interviews with our correspondent on Friday, noted that the process needed to be well monitored to ensure […]
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PMorgan faces money laundering probe: source
By Carrick Mollenkamp JPMorgan Chase & Co’s compliance with U.S. anti-money laundering laws is being reviewed by a banking regulator, a source said, making the largest U.S. bank the latest target of a wide investigation of how banks prevent transactions involving drug money and sanctioned countries. The Office of the […]
FCMB to complete merger with Finbank on Sept 21, 2012
First City Monument Bank Plc will complete its legal and operational merger with Finbank Plc at its court ordered meeting on September 21, 2012, Shell Hall, MUSON Centre, Lagos. Early in August, the bank had notified the investing public that they had received the long-awaited approval in principle for the […]
