Browsing: Barclays

Finance
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Bank of Mozambique’s controversial ‘Moza’ deal faces ethics scrutiny

The controversial award of Moza Banco to the Bank of Mozambique’s pension fund is being analysed by Mozambique’s Central Commission on Public Ethics after the central bank brushed off accusations of a conflict of interest, saying such concerns were [...]

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Finance
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Moza Banco bidders wait for decision on 9 June

The new owner of Moza Banco, one of Mozambique’s biggest commercial banks, will be decided by 9 June by an evaluation commission made up of representatives of the Bank of Mozambique and the World Bank Group’s IFC, and the interim CEO of the bank, after the [...]

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Business
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Barclays confirms plan to quit Africa

British banking group Barclays today confirmed its intention to sell its majority stake in its African banking arm Barclays Africa Group Limited (BAGL), in order to reduce its exposure to new rules governing globally significant banks, and to focus on its [...]

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