Uganda: Barclays Exiting Uganda

28 February 2016

Barclays Bank Plc is Tuesday expected to announce its plan to partially or wholly exit Africa, according the Financial Times, quoting sources close to the matter.

The Financial Times on Friday reported that Mr Jes Staley, the former JPMorgan Chase executive, who took over as Barclays Group chief executive officer in December will announce the decision after studying a review of the bank's operations in Africa that was concluded in December last year.

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