Banking

BusinessInternational Business

Barclays cutting 5,000 jobs as it increases reliance on AI

Barclays is cutting around 5,000 staff as it introduces more artificial intelligence (AI) into its work processes. The banking group said 1,000 posts had already been closed and it expects…

NCBA to suspend shares trading as Nedbank completes acquisition

Bank of America hit with $1.2bn fine for money laundering failings

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BusinessInternational Business

EADB appoints Anne Juuko as the new director general

BusinessLocal Business

Access Bank transfers all assets and liabilities to NBK

BusinessLocal Business

Ruto calls on banks to lower credit cost as CBK marks 60th anniversary

BusinessInternational Business

UK in talks about joining global defence bank led by Canada

BusinessInternational Business

China to pump $54bn into state banks and insurers to boost economy

BusinessLocal Business

CBK approves Nedbank’s 66% share acquisition in NCBA

BusinessLocal Business

Subsidiaries power Equity Group H1 net profit to Ksh 45B

BusinessLocal Business

KCB  half year profit up 20% as investors await Ksh 9.5B pay

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