Former chief executive,who left after 2012 Libor-rigging scandal, reportedly teaming up with US-based firm Carlyle to buy Barclays’ African operationsBob Diamond has teamed up with a major private equity firm as he attempts to develop plans to mount a tender for the African operations of Barclays, and the bank he ran until four years ago.
In linking with US-based Carlyle,Diamond will be hoping to start to amass the financial fire power needed to tender for the commerce in Africa that Barclays is selling.
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Source: theguardian.com