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FCMB AND INTL CONSILIUM PARTNER TO CREATE $100M AFRICA AND MIDDLE EAST FUND
First City Monument Bank Plc, Nigeria (FCMB) and INTL Consilium LLC, Florida, USA has announced a partnership to launch a US$100 million hedge fund investing in Africa and the Middle East. A statement jointly issued by FCMB and INTL Consilium said the fund tagged Legacy Africa Alpha Fund will
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FCMB TO LAUNCH PAN-AFRICAN HEDGE FUND …AS BOARD APPROVES ACQUISITION OF CSL GROUP
As part of plans to expand its business activities, First City Monument Bank Plc (FCMB) has announced a three-level investment that will significantly strengthen the bank’s wealth and asset management businesses. Prominent among these arrangements, the bank disclosed, include the launching of a
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FCMB and HSBC SIGN PLACEMENT STRUCTURED DEBT DEAL, FOR US $100 million
HSBC Bank plc has successfully executed a ‘landmark’, privately placed, non-secured structured debt instrument totalling US$100 million with First City Monument Bank (FCMB) Nigeria. This is the first agreement of its kind with an African bank in the international capital markets.
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N10 BILLION DIRECT FOREIGN EQUITY INVESTMENT FLOWS INTO FCMB...
Investors include Helios, CDC, OPIC and Top US based Investment Funds A club of leading international institutional investors led by Helios Investment Partners last Thursday crossed a block trade in the shares of First City Monument Bank Plc (FCMB) acquiring 1,5billion shares, representing 15.81
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