WATCH: Ex-Barclays bankers cleared over Qatar fees in blow to UK fraud office

2020-03-07 13:26

Three former Barclays executives were acquitted in London of charges they helped funnel £322m in secret fees to Qatar during the credit crisis, in return for rescue funding.

Absa separation from Barclays on track for completion in 2020

2019-06-08 14:19

Absa's programme to separate from Barclays is 69% complete and 184 of the 266 projects have already been delivered, two years into the three-year programme.

Investors battle to swallow Absa's road to recovery tale

2019-01-02 07:41

By its own admission, Absa is lagging FirstRand, Nedbank and Standard Bank in the average number of products per customer and the loyalty of its clients.

UK bank Barclays back in black in first half

2018-08-02 20:57

British bank Barclays says that it returned to net profit in the first half of 2018, after logging a loss last time on the sale of its Africa division.

Barclays CEO Staley fined R10.7m for trying to expose whistleblower

2018-05-11 13:14

Barclays CEO Jes Staley has been fined about 10% of his annual income by British regulators for his attempts to uncover a whistleblower.

UK banks forced to reveal gender pay gaps

2018-04-02 15:59

British banks have been forced to reveal their own so-called gender pay gaps, and it's confirmed that in London's testosterone-fuelled financial sector, female workers are coming off second best.

Barclays to further reduce stake in Barclays Africa

2017-12-01 17:29

British multinational bank Barclays on Friday announced that it would be reducing its stake in Barclays Africa to 14.9%

Barclays Africa CEO joins the Group of Thirty

2017-08-13 06:03

Barclays Africa CEO Maria Ramos has accepted an invitation to become a member of the prestigious Group of Thirty (G30).

RECAP: Barclay's recent scandals

2017-06-20 18:43

As Barclays faces another legal battle, here is a look back at the scandals that have rocked the London-based bank in recent years.

Barclays, Ex-CEO charged over Qatar rescue amid financial crisis

2017-06-20 14:15

Barclays and four former executives have been charged with conspiracy to commit fraud during the bank’s 2008 capital raising from Qatar as it sought to avoid a bailout.


JPMorgan, UBS among five banks facing $1bn FX-rigging suit

2019-07-29 13:10

The lawsuit centers on collusion on foreign-exchange trading strategies, for which the European Commission fined Barclays, RBS, Citigroup, JPMorgan and Mitsubishi UFJ Financial Group, a total of €1.07bn in May.

Absa separation from Barclays going well – finance director

2019-03-11 16:17

Absa Group's separation from UK-based Barclays has been progressing well, Jason Quinn, Absa Group Financial Director has said.

KPMG still losing staff and clients due to Gupta fallout, say insiders

2018-09-25 18:35

KPMG is continuing to lose staff and clients in South Africa more than a year after issuing a public apology for some of the work it did in the country.

Watch: A secret rehearsal of Africa's first ‘drone fireworks’ for Absa's big reveal today

2018-07-11 06:00

We caught Absa secretly rehearsing for Africa's first Intel drone light show, a sort of fireworks-by-drone, as it prepares to launch its new logo in Johannesburg on Wednesday.

ABSA announces structural changes

2018-04-09 13:48

Barclays Africa Group, the holding company for ABSA bank, has announced a new structure with four core businesses, part of its long-term vision to chart its own path after separating from its United Kingdom parent company

Hedge fund sues Barclays for $850m in metal market abuse case

2017-10-20 14:30

Red Kite Management is suing Barclays for alleged market abuse in the copper market that it claims cost the firm at least $850m between 2010 and 2013.

ABSA to approach high court to have Public Protector’s report set aside

2017-06-21 07:30

ABSA and Barclays Africa have decided to approach the high court to have Public Protector Busisiwe Mkhwebane’s report into Bankorp reviewed and set aside.

Barclays, former CEO charged with fraud

2017-06-20 18:37

Barclays bank and former executives have been charged with conspiracy to commit fraud when they asked Qatar for $7.7bn to avoid a government bailout.

Zim reserve bank will not reverse Barclays Zim sale

2017-06-12 17:31

Zimbabwe's central bank will not bow down to pressure from Zanu PF and other campaigners seeking to have the sale of Barclays Zimbabwe to FMB reversed.

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