Author

 
Stephen Morris

Stephen Morris

    Barclays to sell down Africa stake after profit drops 56%
    Barclays to sell down Africa stake after profit drops 56%
    Barclays said it will sell down the stake in its Africa business and reorganise the company into two divisions, as fourth-quarter profit fell by...
    Capital is the real test for Barclays
    Capital is the real test for Barclays
    Barclays, the majority shareholder in Absa, breezed through the European Banking Authority’s stress test. The bigger challenge lies at home.
    Glencore said to seek $15-bn loan to cut interest costs
    Glencore said to seek $15-bn loan to cut interest costs
    Glencore Xstrata is seeking to cut debt costs by replacing credit lines with a $15-billion (R159.77-billion) loan, according to four people with...