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EQUITY BANK SUSPENDED AS A CDA
Mainat
#31 Posted : Wednesday, April 08, 2009 9:27:00 PM
Rank: Veteran

Joined: 11/21/2006
Posts: 1,590
Slight diversion,but it looks like Mwangi@ Rencap is going to run the custody business at Equity. Ama? If so,it'll be a great catch for Equity because he has a lot IB experience.

www.mjengakenya.blogspot.com
Sehemu ndio nyumba
Tusker Baridi
#32 Posted : Wednesday, April 08, 2009 11:13:00 PM
Rank: Member

Joined: 12/9/2006
Posts: 186
I'm curious as to what suddenly triggered all this,was it the statement by Mwangi at the AGM regarding being the largest player in CDS business? Ama it retaliation for Mwangi's request that all its customers to transfer their shares from their stockbrokers to Equity?
jerry
#33 Posted : Thursday, April 09, 2009 3:47:00 AM
Rank: Elder

Joined: 9/29/2006
Posts: 2,570
And what brought about fixing of minimum stake of a seat at NSE?

Ecs 11.2 Give portions to seven,yes to eight,for you do not know what disaster may come upon the land.
The opposite of courage is not cowardice, it's conformity.
ogutuwalwanga
#34 Posted : Thursday, April 09, 2009 4:55:00 AM
Rank: Member

Joined: 3/25/2007
Posts: 55
AS long as MK is the head of state and UK in the tresury EB is 100% safe,whoever was trying to undermine it had to resind the decission within the day acting on orders from above.

ogutu
Njunge
#35 Posted : Thursday, April 09, 2009 5:00:00 AM
Rank: Elder

Joined: 2/7/2007
Posts: 11,935
Location: Nairobi
Looks like the big Mboys wanted this elephant out of the room........Hawawesmek.....!!

Guka wa bijuti...
Nothing great was ever achieved without enthusiasm.
TAZ
#36 Posted : Thursday, April 09, 2009 7:47:00 AM
Rank: Elder

Joined: 11/14/2007
Posts: 4,152
Ogutu.......

You would be suprised how wrong you are?


life is too short to blend in
Donedeal
#37 Posted : Thursday, April 09, 2009 9:05:00 AM
Rank: Member

Joined: 1/13/2009
Posts: 60
EB is fighting a loosing battle with the SB. They will soon learn you should never ever burn your bridges. The die has been cast. Tuesday will be 'May day'.....bail out while you can,the bubble has trully gone burst!



The opportunities lie in the challenge. Go for the challenge.
simonkabz
#38 Posted : Thursday, April 09, 2009 9:20:00 AM
Rank: Elder

Joined: 3/2/2007
Posts: 8,776
Location: Cameroon
@ donedeal,which bubble,n what is happening on tuesday? Kindly elaborate.

Truest proverb: Mwenda pole hajikwai
TULIA.........UFUNZWE!
Donedeal
#39 Posted : Thursday, April 09, 2009 9:23:00 AM
Rank: Member

Joined: 1/13/2009
Posts: 60
@Simonkabz,am sorry but you simply have to keep up! The dye is cast....



The opportunities lie in the challenge. Go for the challenge.
stockyt
#40 Posted : Thursday, April 09, 2009 9:39:00 AM
Rank: Member

Joined: 9/15/2006
Posts: 41
@ donedeal,do you mean that brokers will withhold all demand and avail all equity supplies come tuesday????
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