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FirstRand Picks BofA, RMB to Advise on Sale of UK Aldermore Unit
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FirstRand Picks BofA, RMB to Advise on Sale of UK Aldermore Unit

Bloomberg Markets · May 13, 2026, 6:00 AM · Also reported by 1 other source

FirstRand Ltd. hired Bank of America Corp. and its own investment-banking arm, Rand Merchant Bank, as advisers to help it sell its UK-based Aldermore Group and exit the European market, a spokesperson for the South African lender said.

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