Nairobi writer on Banking, Finance, Technology, and Investments
Tuesday, July 04, 2006
BARS for Sale
The Weekly Citizen reports that Barclays has put up its troubled Barclays Advisory and Registrar Services (BARS) unit up for sale. There have been numerous complaints at recent AGM’s of poor/slow shareholder services at BARS, which has also weathered a long-running fraud case regarding dormant shareholder funds.