By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE) – International Organization of Securities Commissions (IOSCO) Friday said it has gained its 100th signatory in the fight against cross-border financial misconduct. This is contained in a Statement from IOSCO and made available to InvestAdvocate in Lagos Nigeria The Indonesian Financial Services Authority became […]
Tag: Indonesia
CIMB in $1.1 bln cash call to boost capital base, take on rivals
* Shares suspended pending an announcement * CIMB offering new shares at up to 2.7 pct discount to Friday close * CIMB common tier 1 ratio is below larger banks * Capital raising could boost tier 1 by 1-1.5 pct pts-UBS (adds CIMB’s core tier 1, analyst quotes on fund […]
World Bank Set to Reduce Poverty to 9% by 2020
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The World Bank Group Wednesday said it has set an interim target to reduce global poverty to 9 percent (9%) by 2020, which, if achieved, would mark the first time the rate has fallen into the single digits. According to Jim Yong Kim, President of […]
