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UN Environment takes further steps to assess climate-related risks

UN Environment announced a new joint initiative to strengthen financial institutions’ assessment and disclosure of climate-related risks and opportunities, with eleven major banks. This announcement...
Banks

Barclays deal complies with indigenization policy – Zimbabwe central bank

Zimbabwe's central bank said Monday it is currently processing Barclays' application to sell 68 percent of its shareholding in the Zimbabwe unit to Malawi-based...
South africa Currency Rands

17 South African Banks Accused Of Manipulating Country’s Currency Rates

Global giants Barclays, JP Morgan and HSBC are among 17 banks named as part of the two-year investigation. Banks colluded, using online chat rooms to...

Barclays accelerated programme opens applications

Applications have opened for the Barclays Accelerator programme, powered by Techstars, an initiative aimed at uncovering the next M-Pesa or Paypal by working with...

Libor Fraud Cost Barclays Another $100m

Barclays bank has paid a further $100m (£77m) to settle a claim by 44 US states that it rigged the Libor rate system...
Barclays

Barclays, ITC cooperate to link up 10,000 women entrepreneurs to export markets

The SheTrades initiative was launched by ITC in 2015 with the objective of connecting one million women entrepreneurs from around the world to global...
Maria Ramos, CEO of Barclays Africa

Barclays Africa promises to release $93 million towards youth development

The bank also promised to raise $89 million to help small and medium-sized African businesses grow, and to ensure that more people gain access...

Peter Matlare Appointed Deputy CEO of Barclays Africa

South Africa's Barclays Africa Group has appointed former Tiger Brands CEO Peter Matlare as its deputy chief executive, the bank said on Friday. Matlare,...
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Pound Falls Deeply After UK Leaves EU

Shares have also been hit. The FTSE 100 index began the day by falling more than 8%, then regained some ground to stand 2.5%...

Barclays warns of possible slide in the price of commodities

Commodities including oil and copper are at risk of steep declines as recent advances are not fully grounded in improved fundamentals, according to Barclays...
Barclays

Big Investor Saves Barclays Africa From Changing Hands

Barclays has come under attack from a long-term shareholder for deciding to sell its African business and rebuild its investment bank. Django Davidson, a partner...

Real reasons why Barclays PLC is quitting Africa

Barclays PLC, the financial entity that has been scaling the financial market in Africa for more than 100 years is planning to exit the...
credit: Vismedia

South Africa working to mitigate potential risks from Barclays’ disinvestment

Barclays PLC on Tuesday announced it would sell down its 62.3 percent stake in Barclays Africa Group Limited (BAGL) over two to three years,...

Barclays Bank Says It Will Continue to Do Business With Ghana

Managing Director of Barclays Bank Ghana Limited, Mrs. Patience Akyianu, is assuring Ghanaians that the bank is not closing its operations in Ghana. Mrs. Patience...

Barclays’ CEO Says Their Focus for Africa Remains on Course

Barclays CEO Jes Staley K-based Barclays PLC today announced that it will reduce its shareholding in Barclays Africa over the course of two to three...
James-Jes-Staley

Jes Staley Receives $400k As Barclays CEO In Just One Month

The former J.P. Morgan banker took the top job at the British bank on December 1. He received £196,000 in pay, £48,000 in taxable benefits...
Barclays

Barclays Africa Group rests its commitment to Africa

The Bank in a statement issued Monday noted that it plans to state its position on March 1 to the investing...
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Barclays Gets Slapped with a US Trading Fine of $70m

Barclays is set to be fined $70m (£49m) for misleading investors about its US “dark pool” trading operations, says the New York Attorney General’s...

Customers of Barclays Bank to Enjoy Rates Cut

Barclays Bank Tanzania Product Manager, Mr Valence Luteganya Addressing journalists in Dar es Salaam during the launching campaign, the Barclays Bank Tanzania Product Manager,...

Barclays urges financial institutions to implement innovative savings models

The bank now calls on other financial institutions to follow suit and implement innovative savings models, enhanced by the latest technologies. There are currently nearly...
James Staley

James Staley is Barclays new Boss

Mr Staley currently works for US hedge fund Blue Mountain Capital Management and will take over on 1 December. Barclays’ previous chief executive, Antony Jenkins,...
Ashley Veasey, Chief Information Officer of Barclays Africa

Barclays unveils start-up community pioneering financial service

African Media Agency (AMA) Africa's innovators and start-ups will have the ability to scale their ideas in new markets following the launch today of...
Ghana cedi

Government to raise GH? 500 million cedis through local bonds

Government plans to issue a new five-year bond to raise GH? 500 million in August to help reorganise its debt, Finance Minister Mr Seth...

Barclays Bank to give more room to NGOs

Barclays Bank Africa has identified the increasing numbers of non-governmental organisations (NGOs) in the country as key potential growth market. As a result, the Chief...

Barclays could be listing on GSE soon

Barclays Bank has indicated that it is now considering request to list on the Ghana Stock Exchange. The bank earlier this year ruled out the...

Antony Jenkins Releived Off His Position

Antony Jenkins The company said a search for Mr Jenkins? successor was underway. In a statement, Barclays deputy chairman Sir Michael Rake said he had...

Chelsea?s manager named Barclays PL manager for the third time

Chelsea?s manager Jose Mourinho has been named Barclays Premier League manager of the season for the third time. In his second spell at the club,...

Largest banks in Britain to pay more fines of 19 billion pounds

Britain's four largest banks - Barclays, HSBC, Lloyds, and Royal Bank of Scotland - are facing a further misconduct bill of 19 billion pounds...

Botswana’s commercial banks boost profits with innovation

Botswana's top three banks have all recorded increases in non-interest incomes despite a moratorium on interest rates and bank fee charges, an analyst said...

FTSE 100 closes on a much lower tide on Wed.

FTSE 100 Index, British benchmark stock market gauge, decreased Wednesday by 0.41 percent, or 28.71 points, to 6,990.97. The stock...