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Zimbabwe court nullifies chief justice term of office

Bloomberg Zimbabwe Justice Minister Ziyambi Ziyambi has alleged “foreign interference” in the country’s judiciary following the High Court’s nullification of an extension of Chief Justice Luke Malaba’s term of office. The State will lodge an appeal on Monday to challenge the court ruling, he said. “I want to make it clear that we do not accept the decision of the ...

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Barclays faces senior credit trader exodus over bonuses

Bloomberg Barclays Plc has been hit by a string of departures among senior credit traders in New York and London unhappy that their bonuses failed to reflect the pandemic profit surge. The bank has offered promotions to some employees and given assurances over future pay in an attempt to address their concerns, according to people familiar with the matter, who ...

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DBS kicks off Asia’s first bank-backed crypto trust service

Bloomberg DBS Private Bank started Asia’s first bank-backed trust solution for cryptocurrencies as demand for digital assets increases. The offering will allow private banking clients to invest, custodise and manage these assets in a safe, secure, and structured manner, DBS group Holdings said in a statement. It builds on the DBS Digital Exchange, which launched in December, and offers institutional ...

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