The Ecobank Transnational Incorporated (ETI) Monday maintained that its 2012 consolidated financial accounts were audited and properly certified by its auditor, the PriceWaterhouseCoopers (PwC). The pan-African bank, which said this in a statement, said the result was published under the International Financial Reporting Standards (IFRS), contrary to allegation that it […]
Tag: SEC
Nigeria’s SEC investigates pan-African Ecobank results – source
Nigeria’s securities regulator is investigating pan-African lender Ecobank over an alleged misstatement of its 2012 performance, a source at the Securities and Exchange Commission (SEC) said on Friday. Nigeria’s SEC held meetings with Ecobank’s board directors on Aug. 6 to discuss the issue, which was raised by a suspended former […]
China probe is latest legal headache for JPMorgan
A federal bribery investigation into whether JPMorgan Chase & Co. hired the children of key Chinese officials to help it win business is just the latest in a series of legal and regulatory headaches for Chief Executive Jamie Dimon. Dimon piloted the bank through the financial crisis, but it is […]
