Barclays Africa Group Ltd (BGAJ.J)
14 Dec 2017
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.firstname.lastname@example.org)
(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.
JOHANNESBURG A South African broker and an energy investment firm fired KPMG on Tuesday, two of a number of local firms weighing whether to ditch the auditor to distance themselves from a scandal involving business friends of President Jacob Zuma.
* Barclays Africa, Investec, Old Mutual still thinking (Adds KPMG International Chairman comment)
JOHANNESBURG, July 28 South Africa's Barclays Africa Group said on Friday its half-year profit rose 7 percent, driven by solid earnings growth in its local market and the rest of Africa and a strong performance in corporate banking, despite an economic downturn.
LONDON Barclays reported a 1.2 billion pound ($1.57 billion)attributable first half loss on Friday after taking a 2.5 billion pound hit from the sale of its Africa business and calling an end to its restructuring.