trending Market Intelligence /marketintelligence/en/news-insights/trending/jWIWAMKiQSFP6g6PPaNNxg2 content esgSubNav
In This List

Report: South African c-banker cool on private equity taking part in bank M&A

Blog

Banking Essentials Newsletter: January 11th Edition

Blog

Banking Essentials Newsletter December 21st Edition

Blog

The Road to Basel IV: Navigating the challenge facing European banks

Blog

Basel Framework- Utilizing data to analyze the capital position of European banks.


Report: South African c-banker cool on private equity taking part in bank M&A

South AfricanReserve Bank Deputy Governor Kuben Naidoo said the central bank isconcerned about private equity companies becoming investors in banking sectorM&A in the country, Reuters reported May 3.

"As a regulator, we would not be comfortable withprivate equity play for any of the banks," Naidoo said, without citing anyspecific potential M&A deals.

Naidoo's comment followed reports from late April thatformer Barclays PlcCEO Bob Diamond's Atlas MerchantCapital LLC is partnering with U.S. private equity firm to prepare anoffer for Barclays Africa GroupLtd.