It appears that South Africa's rating downgrade has been postponed until December - but is inevitable regardless, say some economists.
Mining tycoon Patrice Motsepe reportedly has his sights set on being a major player in the banking sector.
The bank has plans to deconsolidate Barclays Africa Group, which Absa is a part of, and intends to sell down its 62% stake in the business.
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.
The Reserve Bank hasn't found any untoward activity in a review of foreign exchange trading, but the Competition Commission is investigating.
The markets did not appear to share Barclays Africa's conviction that it was well on its way to becoming one of the continent's major banks.
New regulations will require investors to bear the risk of South African bank failures.
Its shortfall is the largest of all the British banks, and new rules could put it under extreme pressure.
It has cut jobs and reduced its investment arm – now the group is looking south for a lifeline.
A research paper has raised the possibility that banks have been working together to manipulate the London gold fix rate.
Aid for Uganda has been pulled and its currecy has slumped following a bill which prescribes life imprisonment for some homsexual acts.
The bank says improved credit impairments have been the main reasons for higher earnings.
There has been a return of commodity risk, with commodities breaking free of their ties to other asset classes and delivering different performances.
Absa Group is to buy the African operations of its parent Barclays for R18.33-billion, and will change its name to Barclays Africa Group.
Standard Chartered is the latest to be accused of unethical practices by US regulators, sparking market flight.
It's a busy time for corporate earnings as big-name companies, including Apple, Facebook and Barclays provide trading updates in the week ahead.
SA's exposure to the London interbank offered rate (Libor) scandal spreading globally occurs through the foreign-exchange market in particular.
Kevin Davie says he wants to be Bob Diamond in his next life. Precisely Bob Diamond in the period he was a top executive at Barclays.