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Barclays Exits African Bank in Regional Retreat: The London Rush

A banner displayed at the Absa Group headquarters in Johannesburg.

A banner displayed at the Absa Group headquarters in Johannesburg.

Photographer: Waldo Swiegers/Bloomberg

Here’s the key business news from London-listed companies this morning.

Reckitt Benckiser Group Plc: The consumer group’s CEO  Laxman Narasimhan will step down and move back to the United States.