Bloomberg Call it a New Year’s resolution for Royal Bank of Canada’s top investment banker: Doug McGregor wants to spend more time with private equity in 2019. As head of RBC Capital Markets, McGregor spent a decade expanding a Canadian bank-owned firm once focussed on its home turf into a global operation with more bankers, resources and revenue in the ...

Bloomberg The Board of Access Bank Plc announced the signing of a memorandum of agreement (MoA) with Diamond Bank Plc regarding a potential merger of the two banks that will create Nigeria and Africa’s largest retail bank by customers. This follows its selection as preferred bidder after a competitive process undertaken by the Board of Diamond Bank. The proposed merger ...

Bloomberg Absa Group Ltd is having a hard time convincing some investors it can win back the market share lost while under the control of Barclays Plc. South Africa’s third-largest lender was once the leading retail bank with over 10 million customers and more mortgages on its books than any of its Johannesburg-based peers. Now, released from the shackles of ...