FCMB Group Plc has successfully completed issuance of a N20,686,000,000 Perpetual 16% Fixed Rate Resettable NC5.25 Additional Tier I Capital Subordinated Bonds (“the Series I Bond” or “the AT1” or “the Instrument”)
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Silicon Valley Bank’s UK operations have been acquired by Hongkong and Shanghai Banking Corporation Limited (HSBC), preventing contagion from its parent company in the United States. The deal between Hongkong and Shanghai
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After two major banks failed in just two days (between March 10 and March 12), the U.S Federal Deposit Insurance Corporation (FDIC) on Monday updated its list of failed banks and added
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