“You have people cooking the books that are in the financial industry in Europe, not in Africa,” according to the AfDB president.
The S&P 500 on Wall Street lost 1.6 per cent at the start of trade, wiping out all of the previous day’s gains.
The bank, which serves some of the world’s most well-known tech investors, became one of the biggest banks to fail since the global financial crisis of 2008.
Google’s parent company Alphabet, on Tuesday, reported its third-quarter results, with profit and revenues missing Wall Street estimates.
