Profile - Southern synergy

South Africa


It is never easy going through a merger. People are usually worried about their jobs, the culture of the two firms can be poles apart, and trading and risk management systems are often incompatible. It takes time.

Indeed, in the 15 months since the UK’s Barclays Bank acquired a majority stake in South Africa’s Absa for around R30 billion ($3.9 billion), executives at Absa Capital, the group’s investment banking arm, have had to deal with a rebranding, have conducted a comprehensive review

To continue reading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: