Isabel dos Santos did not loot Angola alone
Once again, Western auditing and consulting firms shamelessly facilitated corruption on an international scale
Barclays Bank
Forex cartel case drags on
The Competition Commission has 40 working days in which to redraft its case against banks
US plea bargain shows how forex fixes were rigged in SA
Online chat rooms were key to the way in which traders colluded to maximise profits.
The Absa shareholders who could end up coughing up
They include Qatar, American pensioners and the Public Investment Corporation, but the sums are smallish – and payment may never happen.
Motsepe eyes Barclays Africa stake
Mining tycoon Patrice Motsepe reportedly has his sights set on being a major player in the banking sector.
Barclays Africa ripe for the picking
Alluring though the sale of its Africa shareholding may be, the timing is not ideal given the state of global banking.
Zimbabwe’s banks suffer as cash dries up
Banks are struggling for liquidity, resulting in empty ATMs, as foreign banks now show signs of weakness alongside struggling local counterparts.
Barclays to sell Africa operations
Given the deterioration of the continent’s prospects, the question is who would want to take over the bank’s 62% stake in JSE-listed Barclays Africa.
Bob Diamond’s Atlas Mara buys bank in 1st Africa purchase
The investment firm has begun building what it hopes will be Africa’s premier financial service group.
Barclays South Africa profit climbs 20% as credit impairments drop
The bank’s net income has risen to R12-billion from R10-billion last year.
Barclays Bank of Kenya full-year profit declines on bad loans
In its full-year results, the Bank of Kenya said profit had declined by 13% on bad debt.
Barclays Africa claws back at market share with mobile apps and iPads
Barclays Africa is giving its tellers iPads and offering mobile apps to try to win back market share from Capitec, Standard Bank and Nedbank.
Singapore puts the squeeze on interest-rate profligates
Traders have been found to have attempted to manipulate interest rate and foreign exchange benchmarks.
Banking on expanding into Africa
The growing middle class needs sophisticated banking, but analysts say it is not without risk.
New day for Barclays a big challenge
Some analysts believe the bank’s One Africa policy makes sense but question if it can be done.
The institutionalisation of rogue behaviour
There have been sufficient numbers of rogue traders to warrant a page on Wikipedia that lists the most infamous scoundrels by name.
Three banks seen as central to the Libor rigging scandal
New details from the Libor scandal inquiry suggest traders working at three major European banks were heavily involved in rigging interest rates.
Call to probe Barclays links to arms deal
Terry Crawford-Browne says Jacob Zuma must appoint a commission of inquiry into Barclays Bank’s 2005 takeover of Absa and its link to the arms deal.
Ex-Barclays executive to be grilled by MPs
Jerry del Missier, who resigned from Barclays Bank, will face a select committee as the US considers launching a criminal inquiry into the scandal.
King aced Barclays top executive
The Bank of England’s governor intervened to ensure that Bob Diamond vacated his post, writes Jill Treanor.
In the vortex of a global bank row
The Tories have seized on ideas that ministers gave Barclays the nod over its manipulation of interest rates, writes Nicholas Watt and Jill Treanor.
Diamond ‘physically ill’ after hearing of actions at Barclays
Former Barclays CEO Bob Diamond criticised "reprehensible" behaviour over a rate-fixing scandal in his first public hearing since quitting.
Diamond faces grilling over Barclays debacle
Bob Diamond will face tough questions from UK officials after quitting as Barclays chief executive amid the interest rate scandal scalp-hunt.
Barclays boss Bob Diamond quits in interest-rate scandal
Barclays chief executive Bob Diamond has quit over an interest rate-rigging scandal, the latest in a probe spanning a dozen major banks.
Barclays chair Marcus Agius resigns
Barclays’s chairperson Marcus Agius has resigned over interest rate rigging accusations as the bank faced possible criminal prosecution.
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Barclays mulls purchase of Lehman assets
Barclays said on Tuesday it was in discussions with Lehman Brothers about buying certain assets of the stricken United States investment bank.
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It’s about power, stupid
Mandy Rossouw put a similar set of questions to both Zanu-PF and the Movement for Democratic Change to assess the political temperature.
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Will foreign companies stay the course in Zimbabwe?
British companies doing business in Zimbabwe must find the noise from their government and the international community disconcerting.
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The big firms that prop up Zim
Last month British Prime Minister Gordon Brown urged British companies to stop investing in Zimbabwe, saying his government was preparing sanctions.
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SA bank charges may be too high, says commission
South African banking charges were higher than they would be at competitive levels, according to a Competition Commission enquiry report.
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Mugabe warns business to get on side
President Robert Mugabe rejected fresh calls for economic reform at a rare meeting with the heads of Zimbabwe’s largest business groups this week.
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Zimbabwe gloats over UN stalemate
The Zimbabwe government savoured a rare diplomatic victory on Wednesday after the United Nations Security Council failed to agree on how to respond to the country’s post-election crisis. Western countries such as former colonial power Britain had been trying to steer the council to adopt a common strategy on the situation in Zimbabwe.
