Barclays, JP Morgan among banks being sued for alleged global FOREX rigging
Barclays, JP Morgan, RBS, UBS and Citigroup are being sued by investors over allegations they rigged the global foreign exchange market, in a test of U.S.-style class actions in Britain. The…
Fresh leads reveal how Jonathan, Diezani scammed Nigeria in Malabu oil deal
The Nigerian government has obtained fresh evidence incriminating former President Goodluck Jonathan and his then oil minister, Diezani Alison-Madueke, of accepting bribes and breaking the country’s laws to broker a…
Nigeria, others to cut interest rates this year, predicts JP Morgan
This year will see more emerging market countries raise interest rates than at any point since the pre-financial crisis uplands of 2006, analysts at JP Morgan predict. Reuters reports that…
Malabu oil deal: Court papers indict UK anti-money laundering agency
Banking giants, JP Morgan, has revealed that the UK anti-money laundering unit, Serious Organised Crime Agency (SOCA), gave authorisation for the transfer of $875 million to accounts linked to Dan…