Absa Bank News

Jes Staley, CEO, Barclays

Barclays to surrender control of Africa unit with £1.6bn sale

Barclays has been given regulatory approval for the sale of its remaining stake in its Barclays Africa Group, according to a unit of the business.

Former Barclays CEO Bob Diamond preparing bid for Africa arm of Barclays

Former Barclays CEO Bob Diamond preparing bid for Africa arm of Barclays

Bob Diamond has teamed up with a major private equity firm as he attempts to develop plans to mount a bid for the African operations of Barclays, the bank he ran until four years ago.