* Listing to aid Zenith raise equity in future – CEO * Joins three other Nigerian lenders in London * To grow from financing infrastructure, power sectors Nigeria’s Zenith Bank listed $850 million worth of its ordinary shares on the London Stock Exchange as global depository receipts (GDRs) at $6.80 […]
Tag: JPMorgan
FG appoints JP Morgan as Sovereign Wealth Fund custodian
The Federal Government has appointed a leading financial services firm, JP Morgan, as the custodian of the Sovereign Wealth Fund that is expected to become fully operational by the end of March. The Chief Executive Officer, SWF, Mr. Unche Orji, disclosed this to State House correspondents at the end of […]
Major banks close to big settlement on home loans
U.S. regulators are close to securing another multibillion-dollar settlement with the largest banks to resolve allegations that they unlawfully cut corners when foreclosing on delinquent borrowers, a source familiar with the talks said. The settlement with five big banks would be part of a larger deal that the Office of […]
