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Bob Diamond's venture plans mobile banking push

Mobile Business

Ashish Thakkar, who co-founded African banking venture Atlas Mara along with former Barclays group chief executive, Bob Diamond, says they are planning a major push into mobile banking in Africa, as their aggressive takeover strategy continues.



Oil Barrels

BNP said among banks facing $172m oil loss

BNP Paribas and its partners in a Scottish energy loan are staring at a loss of $172m after entrepreneur Ian Suttie’s venture went bankrupt, illustrating the wreckage banks are likely to face from the oil bust.