Trading update states profits from investment arm will not be as tall as previous year as bank seeks permission to sell off African operationsProfits in Barclays investment banking arm will not be as tall as final year,the bank said, as it asked shareholders for permission to sell off its African operations. The trading update on the investment operation was contained in a circular being sent to shareholders before the bank’s annual general meeting on 28 April. It intends to call a general meeting immediately after the AGM to facilitate the African sell-off. Continue reading...
Source: theguardian.com