Browsing: Barclays

News
Bitcoin may never bounce back: Barclays

Is the rise of bitcoin analogous to the spread of an infectious disease? Analysts at Barclays saw enough similarities to develop a pricing model for the cryptocurrency that takes its cues from the world of epidemiology

News
Huge spike in IT spending at Barclays Africa

Spending on IT at Absa parent Barclays Africa Group spiked by 17% to reach R7,4bn in the 2016 financial year ended 31 December, accounting for 19% of group costs. And the figure looks set to rise further still. Barclays Africa Group said on

News
Absa parent attracts potential new suitor

Abraaj Group, the private equity firm that invests across emerging markets, is interested in buying Barclays Group’s African business, CEO Arif Naqvi said. “It’s a very fine bank run by a very fine

In-depth
Streaming could yet save the music industry

For the last few years, Barclays’ annual research reports about the music industry reflected the challenges of a business in transition — or, more specifically, one that had slowed a rapid decline but had not returned to growth. In 2014, as track sales fell, the

News
No data? No problem, says Absa

Absa customers will no longer have to ensure that they have an active data bundle to transact via the online application, the bank has announced. The Barclays-owned group said that it had concluded deals with network operators to offer

News
10 start-ups named for Barclays Accelerator

The new accelerator programme for financial technology start-ups backed by Barclays Africa and US accelerator Techstars has announced the names of 10 companies that have been selected to take part. More than 400 applications had been received

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