Author: InvestAdvocate

Deutsche Bank publishes its takeover offer for Postbank

October 8, 2010   Deutsche Bank has published the terms of its bid to take over the whole of retail bank Postbank. Germany’s largest bank plans to fund the acquisition with the 10.2bn-euro (£8.9bn, $14bn) capital increase it successfully completed on Wednesday.   Deutsche Bank currently owns a 30% stake in […]

Spring Bank Gets Oct 26 Court Hearing

By Davidson Iriekpen, 10.07.2010    A Federal High Court in Lagos yesterday ordered the Managing Director of Spring  Bank Plc; Mrs. Olushola Ayodele and five others to appear before it on October  26 to face an alleged N5.208 billion fraud charge brought against them by the  Federal Government.   Justice […]

Hauwa Audu Reacts to SEC Order to Ex-Council Members

  October 7, 2010   Hauwa Audu, Council member for the financial years of 2005 – 2008, has questioned both the intent and appropriateness of the publication released by the Securities and Exchange Commission (SEC) to the she did not partake in any shared bonus.   Recall that the SEC […]