Paribas

France’s largest bank BNP Paribas to buy South African credit provider

BNP Paribas has begun to negotiate the purchase of RCS Investment Holdings, a consumer credit provider owned by Standard Bank and Foschini.

Andre Janse Van Vuuren

1 min read

CITIGROUP

3 APR 2014

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

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

Stephen Morris

2 min read

AXA INVESTMENT MANAGERS

30 JAN 2008

Crisis inflicts fresh wounds, UBS cut deepest

Fresh write-offs at big European and Japanese banks on Wednesday drove investors’ attention firmly back onto the credit crunch after days gazing at Société Générale’s stunning…

Mike Peacock

4 min read