June 21, 2024/Oilprice.com Michael Kern Editor, Oilprice.com Oil prices surged this week as hurricane season began, demand improved, and both U.S. crude and gasoline inventories fell. Rising geopolitical risk around the world only added to bullish sentiment. Friday, June 21, 2024 The onset of hurricane season in the US, improving […]
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Agencies Announce Results of Resolution Plan Review for Largest and Most Complex Banks
June 21, 2024/US Federal Reserve Federal Deposit Insurance Corporation Federal Reserve Board The Federal Deposit Insurance Corporation and Federal Reserve Board today announced that, following their joint review of the July 2023 resolution plan submissions of the eight largest and most complex banks, they identified a weakness in the plans […]
NGXASI Declines -0.10%, Dragged by Banking Counters
June 21, 2024/InvestmentOne Report The NGXASI declined by 0.10% today to close at 99,743.05pts, as the losses especially in banking stocks including FBNH (-3.42%), GTCO (-2.00%) and FIDELITYBK (-4.81%) drove the local bourse into the negative terrain. In the fixed income space, the Treasury Bills secondary market traded on […]
