February 29, 2024/Citi Citi is pleased to announce that Viswas (“Vis”) Raghavan will join Citi as Head of Banking and Executive Vice Chair of Citi, reporting to CEO Jane Fraser. As Head of Banking, Vis will lead one of Citi’s five core businesses, with responsibility for Investment, Corporate and Commercial […]
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MPC’s Delicate Dance: Taming Inflation while Nurturing Growth
February 29, 2024/Coronation Research At its latest meeting held on Tuesday, the CBN/MPC responded to the country’s soaring inflation rate and escalating exchange rate pressures by opting to hike the monetary policy rate (MPR) by a substantial +400bps to 22.75%, marking the highest level recorded since 2006. Additionally, there were […]
SEC Charges Lordstown Motors with Misleading Investors about Company’s Flagship Electric Vehicle
Company’s former auditor charged with violating auditor independence standards February 29, 2024/US SEC The Securities and Exchange Commission today charged Lordstown Motors Corp. with misleading investors about the sales prospects of Lordstown’s flagship electric pickup truck, the Endurance. Lordstown, which filed for bankruptcy in 2023, went public by merging with […]
