Standard Chartered has opened a corporate bank in Angola, the London-listed group said on Monday, underscoring growing interest in Africa’s biggest oil producing country after Nigeria. Angola has seen rapid economic growth since the end of a civil war in 2002, helping attract foreign banks such as Africa’s top lender […]
Tag: Banking
Lemo retires as CBN deputy governor on Friday
The Deputy Governor, Operations, Central Bank of Nigeria, Mr. Tunde Lemo, will this Friday retire from the bank. Lemo is believed to be among the top contenders to replace the CBN Governor, Mr. Lamido Sanusi, whose tenure ends in June. Apart from Lemo, others said to be jostling for the […]
JPMorgan China probe sends chill through investment banks
A U.S. banking regulator’s probe into JPMorgan’s (JPM.N) hiring practices in China will have rival banks scrambling to review their own records, lawyers say, in a market where ties to political and business leaders can be key to winning big deals. Banks around the world commonly hire people with government […]
