Absa Group Ltd (ABGJ.J)
26 Jun 2019
JOHANNESBURG, April 18 South Africa's state pension fund denied considering a former banking executive as its next chief executive as it seeks to fill a position which has become increasingly sensitive given the successive departures of its CEO and temporary replacement.
JOHANNESBURG, April 10 South African lender Absa is aiming to make a start on its investment bank-focused expansion into Nigeria in the second half of this year, chief executive of the division, Charles Russon, told Reuters.
JOHANNESBURG, March 11 South Africa's Absa is considering entering Ethiopia, where lenders are hoping reformist Prime Minister Abiy Ahmed will liberalise an antiquated and state-dominated banking sector.
JOHANNESBURG, March 7 South African bank Absa could cut hundreds of jobs at its retail and business banking unit as part of a planned restructuring, a union representing workers in the financial sector said on Thursday.
* Chairwoman says external candidate to be in place in one year
JOHANNESBURG, Jan 29 South African lender Absa will be seeking an external candidate to replace its CEO Maria Ramos, who is retiring at the end of February after ten years at the helm, Chairwoman Wendy Lucas-Bull said on Tuesday.
JOHANNESBURG Jan 29 South African lender Absa said on Tuesday its chief executive Maria Ramos, who has been at the helm for ten years, will retire at the end of February, after the firm completed its separation from Barclays PLC and relaunched its brand.
* Shares in both banks flat, investors sceptical (Recasts, adds Absa interview, context, shares, investor comment)
PARIS, Jan 18 French bank Societe Generale said on Friday it agreed to sell its South African unit offering custody, trustee and clearing services to South Africa-listed bank ABSA as part of a strategy to review its scope of businesses.