Managers of Wealth Africa

Standard Bank wins prestigious international awards

The annual risk awards ceremony identifies best practice in the risk management and derivatives markets.

Africa: Barclays 'Will Not Pull Out of Tanzania'

Barclays Tanzania Managing Director Kihara Maina told journalists that the bank operations in Africa would remain intact and maintain the same expansion strategy.

Barclays' parting shot

The London bank said yesterday that it would sell down its 62% stake in Johannesburg-based Barclays Africa over the next two to three years.

Gulf Capital Expands To Sub-Saharan Africa Through Exclusive Partnership With Serengeti Capital

Through this exclusive partnership, Serengeti Capital will be advising on credit and mezzanine investment opportunities in Sub-Saharan Africa

GTB MD foresees brighter and stronger future in Gambia’s banking sector

The GTB MD was delivering a speech on behalf of the president of the Gambia Bankers Association

Africa understands global risk trends, says Standard Bank

The group, which operates as Stanbic in Zambia, has also forecast that Africa’s growth will linger in the range of four and five percent.

Diamond Bank mobile app users hit 1m

With this development, twenty eight lucky customers were rewarded for downloading, registering and using the Diamond mobile app last December.

African Bank, Ex-CEO Settle $27M Wrongful Termination Row

The sides signed an agreement Thursday, settling the dispute that originated in 2013 and has gone to courts in Togo, Ivory Coast and England

Credit Suisse to fast-track top junior bankers to retain talent: sources

The investment bank told analysts on Thursday that it would make changes to its promotion cycle in Europe, the Middle East and Africa

BMCE Bank of Africa launches the second edition of the AEA (African Entrepreneurship Award) supporting innovative entrepreneurs in Africa

The African Entrepreneurship Award receives funding allocation amounting to $1 million every year to reward the best African entrepreneurs

Barclays Counts On Online Partner To Help Cut Lending Costs In South Africa

RainFin, the largest peer-to-peer lender in South Africa according to Bloomberg, allows people or businesses looking for better return on their cash to lend the money online to other parties including small businesses.

Standard Chartered Wins Global Finance Award for Best Investment Bank in Kenya

Standard Chartered’s investment products include unit trusts, fixed income securities and a regular savings plan.

Barclays Board Said to Debate Future of Africa Unit This Week

Executives will also discuss the bank’s latest plans for separating the U.K. consumer and investment banking arms under so-called ringfencing rules

Will Barclays Bank sell off its Africa assets?

Markets, shareholders and analysts assert that Britain’s second-largest retail lender by assets is now worth far less, and ought to cut its losses and sell its underperforming Investment Bank and African unit.

Standard Bank showcases Nigeria’s economy to investors

The potential of the Nigerian economy will be the main focus at the 7th Standard Bank West Africa Investors’ Conference, to be held in Lagos from February 23 to 25.

‘Forex platforms need to be dynamic’

Mr De Roos said such systems also need to enhance the operational efficiency within a client’s organisation by adapting to the manner in which they execute their foreign exchange transactions.

UBS Halts Coverage of Nigerian Bank Eurobonds on Liquidity

UBS Group AG ceased its fixed-income research coverage of Nigeria’s banks

Africa’s best foreign exchange provider

This is the fourth year in a row in which Standard Bank, Africa’s largest by assets, has won in the Africa category.

Barclays may cut Africa exposure through minority sale

Denker Capital was formed in 2015 following the merger of two of Sanlam’s investment businesses.

Chase bank taps into Postbank 104 networks

The new partnerships will provide Chase Bank customers access to 104 Postbank branches, which will provide agency banking services to Chase Bank customers.

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