Diamond out as Atlas Mara eyes South African banking market
Bob Diamond, the financier who once ran Barclays, is stepping down as executive chairman of his African banking venture as it reviews assets and seeks to exit some countries.
Bob Diamond, the financier who once ran Barclays, is stepping down as executive chairman of his African banking venture as it reviews assets and seeks to exit some countries.
Barclays is increasing the size of the stake it’s selling in its South African unit to raise about $2.9 billion, as part of a plan to shrink operations and bolster capital.
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