FBC completes Standard Chartered takeover, plans to make it a separate wholesale banking business
FBC Holdings has completed the takeover of Standard Chartered Zimbabwe, and says it plans to turn the new business into a “powerhouse” targeting the niche wholesale banking market. Under the deal, FBC now owns 100% of Stanchart Zimbabwe and StanChart’s Africa Enterprise Network Trust, which owns a 20.7% stake in property company Mashonaland Holdings. All … Continue reading FBC completes Standard Chartered takeover, plans to make it a separate wholesale banking business
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