Stephen Morris

Barclays to sell down Africa stake after profit drops 56%

Article Stephen Morris - 1 Mar 2016

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.

Capital is the real test for Barclays

Article Stephen Morris - 31 Oct 2014

Its shortfall is the largest of all the British banks, and new rules could put it under extreme pressure.

Glencore said to seek $15-bn loan to cut interest costs

Article Stephen Morris - 3 Apr 2014

The commodity giant is puportedly trying to cut debt costs by looking for a R160-billion loan.

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