With a new office in London and another one soon in New York, Absa is returning to the global financial scene as an independent entity for the first time since the early 2000s.
Moreover, what was mostly just a South African bank when Barclays bought it in 2005 is now a pan-African lender, with a presence in 12 other African countries thanks to Barclays’ exit.
Speaking to Euromoney in London in May at an African financial conference, where Absa was the lead sponsor, the bank’s co-head of corporate and investment banking Mike Harvey still seems slightly defensive at first.
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