By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) and London Stock Exchange Group (LSEG) on Monday announced they will both host the second dual listing conference on April 12, 2016. Both Exchanges said the conference is in line with its commitment to provide quoted companies global visibility and access to […]
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JPMorgan drops another China IPO amid ‘princeling’ probe: sources
It is the second time the U.S. bank has stepped aside from a Chinese IPO candidate while U.S. securities regulators look into whether JPMorgan violated federal laws in hiring the relatives of current or potential clients with the sole purpose of winning business from them. JPMorgan has ended its IPO […]
Banks face new probe over mortgage bond trades post 2008: WSJ
Federal regulators are probing whether several big banks deliberately mispriced mortgage bonds in the years following the financial crisis, the Wall Street Journal reported, citing people close to the inquiry. The new investigation is a potential blow to the banks as they have already paid billions of dollars in penalties […]