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Greenwich Merchant Bank gets credit rating
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SEC cautions potential investors against high returns fraud schemes
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SEC cautions potential investors against `high returns’ fraud schemes
SEC gave the advice at a webinar meeting with title `The ABC of Savings and Investment in Abuja’.
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The Securities and Exchange Commission (SEC) has cautioned potential capital market investors against putting their monies in fraud schemes that promise unwarranted high returns.
Tunde Kamali, the Head, Investor Education of the Securities and Exchange Commission (SEC), gave the advice at a webinar meeting with title `The ABC of Savings and Investment in Abuja’.
Mr Kamali expressed regrets that fraudsters usually attracted their investors through offers of commissions, pressure tactics, and fictitious track records, among others.
Greenwich Merchant Bank Limited, a financial services provider with focus on high-end financial products and services to select clientele in targeted sectors of the economy, has announced the appointment of Mr. Bayo Rotimi as its new Managing Director/Chief Executive Officer.
He joined Greenwich Merchant Bank with over 27 years’ experience as an investment banking professional; having previously worked at Fountain Trust Merchant Bank, Lead Merchant Bank and FCMB Capital Markets Limited, where he rose to the position of Chief Executive Officer in 2008 before leaving to establish his own boutique Investment Banking Firm.
He was, until recently, the Chairman of the Investment Committee of ARM’s Discovery Aggressive Growth, Ethical, Money Market, Fixed Income and Eurobond Funds with over N110 billion under management.
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