Barclays Africa says no word from authorities over FX probe
Barclays Africa Group has not yet been approached by South Africa's competition regulators over a currency fixing probe launched last month, its chief executive said on Friday. Africa's No.3 lender has also not launched its own internal investigation but will co-operate fully with any investigation, Maria Ramos told Reuters on the sidelines of the World Economic Forum Africa conference in Cape Town. "We haven’t seen what the terms of investigation are.
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