Bloomberg Barclays Africa Group Ltd. sold less than half its target in a bond auction as a wall of debt issuance by South African banks and the impending exit of its UK parent, Barclays Plc, damped demand. Barclays Africa offered 1.5 billion rand of notes but raised only 642 million rand within price guidance, according to Deon Raju, head ...

  Bloomberg Scandinavia’s biggest financial conglomerate, Nordea Bank AB, says a Swedish proposal to increase bank fees for a crisis fund may force it to move its headquarters away from Stockholm as efforts to find common ground with the government stall. “This isn’t a bluff. This is dead serious,” Rodney Alfven, head of investor relations, told Bloomberg on Wednesday. “Our ...

  Bloomberg Turkish Airlines is targeting a return to its earlier pace of gains in passenger numbers by next year as the effects of terrorism and political turmoil wane after causing a loss in 2016. Turkish Airlines will post a ‘moderate’ increase in passenger numbers this year and ‘from 2018 onwards, we will be seeing our historical growth rates,” Chairman ...