Managers of Wealth Africa

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.

Barclays urged to ditch Africa unit and focus on core UK business

The Africa business has absolutely no synergy whatsoever with the rest of the bank

Opinion: Barclays Should Get Out Of Africa, Sell It All, Not Just Some Of It

Barclays has operated in parts of Africa for almost a century but the the devaluation of the South African rand against the British pound hit the group’s profits.

Zenith Bank UK joins Dubai International Financial Centre

Zenith Bank (UK) Limited, one of Nigeria’s leading commercial banks, has established its presence in Dubai with the opening of its first branch at the Dubai International Financial Centre (DIFC). The opening ceremony was attended by Jim Ovia, Founde

FirstBank Promotes Trade Financing

We will continue to grow our mileages in developing trade and commodity finance across the continent

African Bank given initial ‘junk’ rating by S&P

Ratings agency forecasts weak profitability, high credit losses.

Kenya: Prime Bank Raises Sh1Billion for SME Lending

The bank's main customers are large corporates in varied sectors such as manufacturing and tourism sectors.

Standard Bank systems to be down on Sunday

ATM deposits, the banking app, internet and cellphone banking services would also be unavailable.

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