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Business

U.S. Trade Chief Tai Calls for More Diverse, Resilient Supply Chains

WASHINGTON (Reuters) – U.S. Trade Representative Katherine Tai on Thursday will call for continued work to redesign global supply chains to emphasize resilience and a more diverse set of economies producing steel, aluminum and other goods. In a speech at […]

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June 16, 2023
JPMorgan Grows Even Bigger as US Bank Giants Soak Up Assets

(Bloomberg) — The Goliaths of US banking are getting even bigger after a series of regional lender failures funneled assets into giants such as JPMorgan Chase & Co., according to an analysis by S&P Global Market Intelligence. More than 70% […]

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June 13, 2023
Pension investments in FGN securities rise to N9.64tr

Pension Fund Administrators have increased the value of investments in FGN Securities from N9.19 trillion as at September 30, last year to N9.64 trillion as at last December. This represents N451.82 billion increase or 4.92 percentage increase. According to the […]

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June 7, 2023
How JPMorgan’s Daniel Pinto earns $687k a month in cash

With pay totaling $24m, Daniel Pinto, who’s just been made sole president of JPMorgan alongside his role as CEO of the corporate and investment bank, is paid very handsomely for his pains. And as a reminder, Pinto’s pay is disproportionately […]

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May 18, 2021
100,000 FirstBank’s FirstMonie community heroes creating impact all over Nigeria

If you live in Lagos, Abuja or Port Harcourt, or you reside in any of the other state capitals, you probably take for granted that you actually live in the better of the two worlds that make up Nigeria when […]

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May 8, 2021
Bank and oil cheer lifts FTSE 100

FTSE gains on banks and oil. Picture: PA Banks have been weighed down over the past year. After struggling over the past year, banks in the UK have started showing some better performance in recent months. Weighed down by the […]

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April 30, 2021
Bank of Queensland to acquire Members Equity Bank for A$1.3bn

Photo : BOQ to acquire ME Bank. (Credit: Tumisu from Pixabay.) Bank of Queensland intends to fund the acquisition through an underwritten capital raising of A$1.35bn Bank of Queensland (BOQ) has agreed to acquire Members Equity Bank (ME Bank) for […]

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March 3, 2021
JP Morgan advises investors to allocate 1% on Bitcoin

Analysts from the finance house have made a broad statement on hedging investments to investor portfolios. According to a recent note made by the team of financial analysts representing JP Morgan, Bitcoin’s current status functions as an uncorrelated hedge to […]

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February 27, 2021
Titan Trust Bank, IFC train over 200 entrepreneurs

As part of its initiative to continuously support entrepreneurs in the country by providing financial and advisory services for the growth of their businesses, Titan Trust Bank Limited in collaboration with the International Finance Corporation (IFC), last week launched an […]

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February 24, 2021
Barclays faces renewed shareholder challenge on fossil fuels

Barclays faces a second consecutive year of shareholder pressure on its position as Europe’s largest fossil fuel financier, after a shareholder resolution has been filed for the bank’s upcoming AGM on 5 May.The resolution calls for financing and exposure to […]

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February 22, 2021
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