Tag: US

US seeks more investment ties with Nigeria, others

THE United States Trade Representative, Mr. Michael Froman, has said American companies should share the benefits of trade with sub-Saharan Africa as the US examines extending duty-free access for imports from many nations on the continent, according to a Bloomberg report. The US African Growth and Opportunity Act, approved by […]

U.S. considering arrests in JPMorgan ‘whale’ case: sources

U.S. authorities are considering arresting two former JPMorgan Chase & Co employees for their alleged role in masking $6.2 billion “London Whale” losses, according to two people familiar with the situation. In the latest twist in a scandal that has tainted the reputation of the largest U.S. bank and led […]

SEC wins as ex-Goldman executive Tourre found liable for fraud

A jury found former Goldman Sachs Group Inc vice president Fabrice Tourre liable for fraud for his role in a failed mortgage deal that cost investors $1 billion, in a big victory for the U.S. Securities and Exchange Commission. Tourre was found liable on six of seven counts by a […]