The Nigerian Stock Exchange (NSE) has given Wema Bank April 2014 deadline to restructure its capital to comply with the minimum requirement of 20 per cent free float of shares of companies listed on the main board of the NSE. Companies listed on the Exchange are required to maintain a […]
Tag: capital
CBO predicts more pressure for naira in Q4
Regulator sues Morgan Stanley, eight others over faulty securities
A U.S. regulator filed lawsuits against Morgan Stanley and eight other banks over the sale of nearly $2.4 billion in mortgage-backed securities to two credit unions that later failed, according to a filing. Morgan Stanley and Morgan Stanley Capital I Inc, Barclays, JPMorgan Chase & Co’s unit Bear Stearns, Credit […]
