Are Barclays PLC’s African Ambitions At Risk?

VIDEO: One Fool puts Barclays PLC (LON:BARC) under the spotlight.

| More on:

The content of this article was relevant at the time of publishing. Circumstances change continuously and caution should therefore be exercised when relying upon any content contained within this article.

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More.

RISK WARNING: should you invest, the value of your investment may rise or fall and your capital is at risk. Before investing, your individual circumstances should be assessed. Consider taking independent financial advice. The Motley Fool believes in building wealth through long-term investing and so we do not promote or encourage high-risk activities including day trading, CFDs, spread betting, cryptocurrencies, and forex. Where we promote an affiliate partner’s brokerage products, these are focused on the trading of readily releasable securities.

For all the travails of Barclays (LSE: BARC) (NYSE: BCS.US) in recent years – the scandals, the executive witch hunts, the questions over its capital raising in the midst of the financial crisis, and the super-generous pay at its misfiring investment bank – one part of the Barclays’ story has remained untarnished and exciting. And that’s Barclays Africa, the company’s huge presence in arguably the world’s last great frontier market.

However, the bank’s former CEO Bob Diamond is causing a few raised eyebrows in the Barclays’ boardroom with BancABC — not least his hiring of the former CEO of Barclays’ Middle East and North African division, John Vitalo. In this video, Owain Bennallack digs deeper…

https://youtu.be/3GHo0FAOg5k

RISK WARNING: should you invest, the value of your investment may rise or fall and your capital is at risk. Before investing, your individual circumstances should be assessed. Consider taking independent financial advice. The Motley Fool believes in building wealth through long-term investing and so we do not promote or encourage high-risk activities including day trading, CFDs, spread betting, cryptocurrencies, and forex. Where we promote an affiliate partner’s brokerage products, these are focused on the trading of readily releasable securities.

Owain does not own shares in Barclays.

More on Investing Videos

Investing Videos

Is the FTSE 100 overvalued?

VIDEO: One Fool scrutinises the FTSE 100 (INDEXFTSE: UKX).

Read more »

Investing Videos

Can the price of Rio Tinto plc & BHP Billiton plc double again?

VIDEO: One Fool ponders the near-term future of Rio Tinto plc (LON:RIO) and BHP Billion plc (LON:BLT)

Read more »

Investing Videos

Why these expensive shares could keep falling in 2017

VIDEO: One Fool doesn't like the near-term forecast for consumer staples giants...

Read more »

Oil rig
Investing Videos

BP & Shell should be big winners from the big OPEC deal

VIDEO: One Fool looks at the beneficiaries from OPEC's decision to cut oil production.

Read more »

Investing Videos

Should we expect a Santa Rally for the FTSE 100?

VIDEO: One Fool looks at the hopes for the FTSE 100 (INDEXFTSE:UKX) this month.

Read more »

Investing Videos

Is it too late to buy Lloyds Banking Group plc?

VIDEO: One Fool assesses Lloyds Banking Group plc (LON:LLOY).

Read more »

Investing Videos

Is the Trump win boosting the FTSE 100?

VIDEO: One Fool assesses the state of the FTSE 100 (INDEXFTSE:UKX).

Read more »

Investing Videos

Are Lloyds Banking Group shares now doomed to slump?

VIDEO: One Fool looks at the government's decision to dispose of its Lloyds shares on the open market.

Read more »