ABU DHABI/WAM Abu Dhabi Islamic Bank (ADIB) has taken another major step in shaping the …
Read More »Shortfall in bank ethics stretches to the very top
One of the inescapable conclusions of the economic crisis that engulfed the world a decade ago was that the culture of banking needed to change. Allowing finance to regulate itself ended in spectacular failure, underwritten by the taxes of the masses who didn’t profit from the culture of risk-taking in those institutions. But the resignation this week of a …
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