In a major financial move, First Citizens Bank has acquired a substantial chunk of Silicon Valley Bank's assets at a discount. The deal, which is estimated to be worth around $72 billion, has extensiv...
Silicon Valley Bank, a leading financial institution in California, has become the first FDIC-insured bank to fail this year. The bank's closure was initiated by the state regulators, who found that t...
First Bank of Nigeria Holdings (FBNH) recently appointed Mr. Olusegun Alebiosu as its acting CEO.The announcement was made public on Sunday evening after the bank confirmed Alebiosu's appointment in a...
The Central Bank of Nigeria (CBN) on Thursday, April 29th, removed the newly appointed CEO of First Bank Of Nigeria Plc, as well as the board of directors of FBN Holdings.In a briefing in Abuja, Godwi...
First Republic Bank has been making headlines recently for all the wrong reasons. The bank, which is known for its high-end clientele and exclusive services, has been accused of engaging in discrimina...
First Independent Bank is a financial institution that offers consumer and banking services to individuals and institutions. It is headquartered in Reno, NV, with corporate headquarters in Phoenix, AZ...
A major contribution of the banking industry to the nation’s socio-economic development is the ongoing effort to increase the number of adult Nigerians that have access to affordable financial s...
On Tuesday, Zenith Bank Plc announced the appointment of Dr. Adaora Umeoji as the new GMD/CEO of Zenith. Before her appointment, Mrs. Adaora Umeoji worked as a banker.The announcement of her appointme...
Recently, First Bank of Nigeria Limited was named Financial Institution of the Year at the African Export-Import Bank Pan African Business and Development Awards.The event was held in Accra, Ghana whe...
Top Nigerian bank Zenith Bank, released its unaudited results for the first quarter of 2021 which ended on March 31. It recorded a rise in profit before tax of 4 percent to N61 billion, which is over ...