Bloomberg Nedbank Group Ltd., the South African lender being spun off from parent Old Mutual Plc, said it’s in talks that may lead to the acquisition of a Kenyan bank as it seeks to benefit from an economic growth rate that’s double the average for the rest of the continent. “Within the next 12 months we’ll certainly be looking ...

  Shanghai / AFP China’s bank lending fell sharply in April, the central bank said, as the government refrained from boosting credit amid concerns over growing risk. Bank loans reached 555.6 billion yuan ($85.2 billion) in April, down sharply from 1.37 trillion yuan in March, the People’s Bank of China (PBoC) said. The latest figure missed a median forecast of 1.3 ...

  Bloomberg Swift, the inter-bank messaging system embroiled in one of the largest cyber heists in history, warned customers that hackers have struck again, attacking a commercial bank client that it didn’t name. The details of a second hack follow a cyber-theft in February, when more than $80 million was stolen from Bangladesh’s account at the Federal Reserve Bank of ...