UBA Expands Presence in London as the Regulatory Authorities Grants Wholesale Banking Licence to Its UK Subsidiary

UBA Expands Presence in London as the Regulatory Authorities Grants Wholesale Banking Licence to Its UK Subsidiary

The United Bank for Africa (UBA Plc) has announced yesterday that its London subsidiary had obtained regulatory permission to carry out wholesale banking activities in the United Kingdom. Following the authorizsation, UBA is now the only sub-Saharan African bank to conduct banking activities in New York and London, as well as in 20 other countries […]
Source: UBA Expands Presence in London as the Regulatory Authorities Grants Wholesale Banking Licence to Its UK Subsidiary

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post culled from thisdaylive