Standard Bank, Old Mutual temporarily close Juba operations Kenya’s KCB moves staff to safety and reduces branch activity The biggest banks and insurers in Africa, including Old Mutual Plc and Standard Bank Group Ltd., are temporarily closing operations and evacuating staff after violence between rival political factions in South Sudan’s capital, Juba, left at least 272 people dead. The fighting disrupted operations of Standard’s CfC Stanbic Bank in Juba and action had to be taken to protect employees, the Johannesburg-based lender, Africa’s biggest by assets, said in an e-mailed response to questions on Tuesday. The branch will reopen “once the situation improves,” it said. Close all those tabs. Open this email. Get Bloomberg’s daily newsletter. Politics The latest political news, analysis, charts, and dispatches from the campaign trail. You will now receive the Politics newsletter Markets The most important market news of the day. So you can sleep an […]