PSG Wealth News

Maria Ramos, CEO, Barclays Africa

Barclays Africa 'divorce settlement' is not a sale deal: Maria Ramos, CEO, Barclays Africa

The British bank’s sell-down of its majority stake in its African subsidiary is still some way off.

Kuben Naidoo, Deputy Governor, South African Reserve Bank

As Bob Diamond readies Barclays Africa bid, South Africa warns on bank buyouts

South Africa raised caution over Bob Diamond’s potential offer for Barclays Plc’s local unit, with the central bank signaling that private-equity bidders for the country’s third-largest lender would face opposition from regulators.

Julian Roberts, Chief Executive Officer of Old Mutual Plc. Photographer: Peter Foley/Bloomberg

Julian Roberts, CEO of Africa's largest insurer Old Mutual, stepping down

Old Mutual Plc’s Julian Roberts is stepping down as chief executive officer of Africa’s biggest insurer and will be replaced by Standard Bank Group Ltd.’s Bruce Hemphill.