04/13/2016
Former Standard Bank executive Hemphill, who joined Old Mutual in November but could be out of a job if the break-up goes ahead, received nearly half of his overall pay - 2.1 million pounds
04/12/2016
The investors will push for a discount to Barclays Africa’s current share price as the divestment of a large number of shares coincides with a deterioration in South Africa’s economy, the person said.
04/01/2016
The unit, known as Old Mutual Wealth Italy, is part of the group's wider wealth management business but is expected to be sold separately as it operates as a standalone unit, the sources said.
03/23/2016
This follows Old Mutual’s announcement earlier this month that it would implement a "managed separation" of its four underlying business units by the end of 2018, with further updates promised later this year on exactly how it will do this
03/22/2016
Under the agreement, EIB, which is already a key partner in IFC’s Global SME Finance Facility, will join IFC’s existing risk-sharing facility with ETI.
03/14/2016
This reflects how financial services have changed since 1999, when Old Mutual demutualised, moving its head office to London and locating its primary listing there.