Wednesday, March 28, 2007

S.African c.bank chief Mboweni criticises Barclays - FT

(Reuters) - South Africa's central bank governor has criticised the 2005 takeover by Barclays Plc of South African retail bank Absa, the Financial Times reported on Thursday.

Reserve Bank governor Tito Mboweni called the British bank's stewardship of Absa "discouraging", the newspaper said.


Read more at Reuters Africa

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