05/22/2014
Africa banking battle heats up
This was just five days after Barclays, the British bank where Diamond was chief executive before he was ousted in 2012
Investment Banking
05/21/2014
African Bank’s Earnings Decline
An economic loss of 4 billion rand was reported in 2014
05/19/2014
African Development Bank steps up funding
The African Development Bank is stepping up plans to finance power and rail projects as China boosts lending on the continent by half.
05/16/2014
Russians take over Zimbabwean Bank
A Russian investment group Horizon Capital Consortium led by businessman Sergey Pokusaev has acquired a controlling stake in the diversified financial company.
05/16/2014
Bankers in SA fear political interference most
The banking industry appears to be hit harder than others by the prevalence and exposure to cyber crime and fraud
05/16/2014
Wells Fargo sets up in Aberdeen as part of expansion
Most are in Britain, where it has 721 employees, and its EMEA boss Jim Johnston said that will rise further
05/14/2014
Casablanca calling for Ondra partner
A partner at City of London advisory firm Ondra Partners has spun off his own Africa-focused company with the backing for his former employer.
05/14/2014
Barclays Africa eyes continental growth
'We’re negotiating about what we need to be successful' - Absa Capital head.
05/13/2014
Standard Bank Identifies Francophone Africa As Next Frontier for Continent's Investment Boom
The region has all the components to benefit from the next global mining and infrastructure boom
05/13/2014
FirstRand: Nxasana looks to Ghana in near term
While FirstRand was focused on organic growth in Zambia, it would also consider acquisitions
05/13/2014
Nedbank posts Q1 net interest income growth
Net interest income for the three months ended 31 March 2014
05/09/2014
Execs’ pay worries Banking Association
Standard Bank Group paid its joint chief executives, Sim Tshabalala and Ben Kruger, more than R28 million each last year
05/08/2014
AMCON Appoints Advisers for Sale of Mainstreet Bank
The Asset Management Corporation of Nigeria has appointed Barclays Africa Group Limited and Afrinvest as financial advisers for the divestment of its shareholding in Mainstreet Bank Limited.
05/06/2014
Cote d'Ivoire hires for US dollar bond- sources
The bonds would represent the West African nation's first venture into the international capital markets
05/05/2014
What SA’s banking CEOs earn
Capitec and Standard Bank have released their full-year integrated reports
05/02/2014
AfDB approves €40m to support African Banks
The majority of African banks have weak capital bases which constrain their ability to obtain adequate trade limits
05/01/2014
Inside Bob Diamond and Ashish Thakkar’s new banking group
Thakkar and Diamond were in Rwanda on the eve of the 20th anniversary of the genocideA
04/29/2014
Tetrad secures bank investor
The sources said the transaction would increase shareholder value
04/25/2014
Bank of South Sudan Increases Capital For International Banks
Following the announcement, Kenya Commercial Bank (KCB) confirmed it will inject more capital into South Sudan
04/25/2014
Russia's Gazprombank says setting up first formal African presence
The Russian company expects the South African Reserve Bank to grant it a representative banking licence