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Barclays expands offer for Africa


Sep 18, 2022 , ,
Barclays расширяет предложение для Африки, чтобы нацелиться на $2 трлн. богатства

British lender hires nine Credit Suisse bankers for project

Barclays Group. promotes private banking in Africa with the goal of capturing the $2 trillion high-net-worth sector on the continent.

Following an agreement to work with clients brought in by the Swiss rival, the British banking has hired nine bankers from Credit Suisse Group AG, according to chief executive Jean-Christophe Gerard.

Super-wealthy Africans increase investment in UK property

Through organic development and the referral arrangement we have with Credit Suisse, the Barclays franchise in Africa is expanding more quickly across South, West, and East Africa, according to Gerard.

$2.1 trillion, according to the Africa Welfare Report. Over the next ten years, private capital on the African continent is anticipated to increase by 38%.

Wealthy Africans are supporting the continent’s startup investment boom by boosting their investments in technology companies, particularly those in agriculture, banking, and healthcare.

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