Barclays Africa Group Ltd (BGAJ.J)
JOHANNESBURG, Feb 16 A South African court on Friday threw out the findings of a public anti-graft watchdog that Barclays Africa unduly benefited from an apartheid-era bailout of another bank and should repay.
Jan 25 The following bids, mergers, acquisitions and disposals were reported by 2030 GMT on Thursday:
LAGOS, Jan 25 Barclays Africa is examining takeover bids from five prospective buyers for Nigeria's debt-laden 9mobile, two banking sources said, although a deal may take a few months as it will involve restructuring the company's debt after a default last year.
ABUJA, Jan 11 Nigerian regulators have fixed a Jan. 16 deadline for receipt of binding offers from prospective bidders for the acquisition of 9mobile, the telecoms regulator said on Thursday.
LONDON Barclays will sell a 7 percent stake in Johannesburg-based Barclays Africa Group on December 5, the British bank said on Friday, the latest and likely last in a series of such sales as it ends more than 90 years as a major presence on the continent.
LONDON, Dec 1 Barclays will sell a 7 percent stake in Johannesburg-based Barclays Africa Group on December 5, the British bank said on Friday, the latest and likely last in a series of such sales as it ends more than 90 years as a major presence on the continent.
* REDUCTION OF BARCLAYS' SHAREHOLDING IN BARCLAYS AFRICA GROUP LIMITED
* FOLLOWING CONTRIBUTION TO INTERIM B-BBEE STRUCTURE, TRANSFER TO FINANCIAL INSTITUTIONS, BARCLAYS' TOTAL INTEREST IN BARCLAYS AFRICA IS AT 14.9% Source text for Eikon: Further company coverage: (Bangalore.email@example.com)
(The following statement was released by the rating agency) LONDON, October 30 (Fitch) Fitch Ratings expects Barclays' 2017 results to remain weak, if not negative, given fourth quarter pressure from revenue seasonality and additional costs for structural reform, investments and the booking of the UK bank levy. The bank reported a modest 5.1% return on tangible equity (RoTE) for the quarter as the corporate and investment bank (CIB) fared poorly across most segments in an overall challenging qua
JOHANNESBURG, Oct 30 Barclays Africa Group is ending its relationship with McKinsey, the bank said on Monday, two weeks after the global consultancy apologised for errors it made while working with state power utility Eskom last year.