The battle to remove Gordhan and ultimately President Cyril Ramaphosa from office is in full swing, writes Adriaan Basson.
Partly cloudy. Mild.
Credit Suisse Group AG’s top shareholder expressed alarm at the prospect of ousting top executives over the surveillance of former wealth management head Iqbal Khan.
The possible deal is one plan being considered to ward off the activist investor Edward Bramson, who has built a 5.4% stake in Barclays. Neither side has issued statements to shareholders, suggesting no serious talks have taken place.
A former Credit Suisse Group AG banker has admitted taking millions of dollars in kickbacks as part of a scam that involved as much as $2bn in loans to Mozambique state-owned companies.
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