Bank & Insurance
World Bank mired in $1 billion ETF case in Africa

World Bank mired in $1 billion ETF case in Africa

The World Bank and other defendants face a $1 billion compensation package for alleged breaches of trade secrecy in the launch of exchange-traded funds (ETFs) on a stock exchange in Africa.

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            ▪ World Bank mired in $1 billion ETF case in Africa

▪ The World Bank and other defendants face a $1 billion compensation package for alleged breaches of trade secrecy in the launch of exchange-traded funds (ETFs) on a stock exchange in Africa.

http://www.jeuneafriquebusinessplus.com/en/806479/world-bank-mired-in-1-billion-etf-case-in-africa/

22/12/2020 at 18h59, by Jeune Afrique Business+

To accomplish its mission of halting the spread of poverty through education, health and infrastructure development programs, the multilateral financial institution founded in 1944 often relies on developing capital markets in developing countries.

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