Daily Archives: August 1, 2016

UBS rogue trader: ‘It could happen again’

The London trader who lost the Swiss bank UBS £1.4bn ($1.9bn) has apologised and said that banking has not done enough to regain the public’s trust. In his first broadcast interview, Kweku Adoboli told the BBC that banking was still riven by conflicts of interest. He added that traders were pushed to make profits “no matter what”. Asked if the ...

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Indo Zambia Bank committed to serve unbanked population

Indo Zambia Bank says it remains focused in banking the unbanked population of Zambia by providing access to effective banking services especially rural community. Speaking to QTV Business News, Indo Zambia Bank Administration and Public Relations Manager Herbert Tembo says the bank remains committed to play a role in providing banking services to the over 50 percent Zambians who do ...

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YALI calls for coexistence and tolerance ahead of the elections

The Young African Leaders Initiative (YALI) has called for coexistence and greater tolerance as the nation goes to the polls this month. YALI President Andrew Nthewewe says it is possible for the nation to hold peaceful elections as it has been done in the previous years. Mr. Nthewewe states that there is need for political players to compete with ideas ...

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