Old Mutual shareholders to vote on CEO’s R203m payout today

2016-06-28 09:00

Old Mutual will consider a revised directors' remuneration policy and incentive plan after its AGM today, amid concerns that its CEO's proposed payout R203m is excessive.

Old Mutual defends huge CEO salary amid ‘brewing rebellion’

2016-06-02 14:42

Old Mutual has defended the proposed payout of 1 000% of base salary for CEO Bruce Hemphill, after reports there was a shareholder rebellion brewing.

Maria Ramos emerges as best-value SA bank CEO

2016-05-17 09:22

Barclays Africa chief executive officer Maria Ramos has generated more profit for every unit of pay last year than her South African peers.

Nedbank’s first-quarter income rise as assets grow

2016-05-05 10:46

Nedbank Group has said first-quarter net interest income expanded at least 10%, boosted by the country’s highest interest rates in six years.

SA banks under pressure as economy stumbles

2016-04-28 16:26

South African banks are facing growing credit risks as the economy worsens, warns rating agency Standard & Poor's.

Old Mutual mulls JSE listing of emerging-markets unit

2016-04-20 20:01

Old Mutual’s emerging-markets unit, with holdings that include Old Mutual South Africa and Mutual & Federal, may be listed in Johannesburg.

Gupta-owned Oakbay shares dive 16%, CEO to set up bank meetings

2016-04-12 10:22

Oakbay will start setting up meetings with banks to try restore relations after the lenders cut links with the company amid speculation on the Guptas political influence.

SA banks comply with Zim indigenisation laws

2016-04-01 18:12

All foreign owned banks operating in Zimbabwe have submitted credible indigenisation and economic empowerment plans in line with the March deadline.

SHARE WATCH: Volatility and negative interest rates

2016-03-14 07:39

This week's share watch focuses on volatility and negative interest rates, with Nedbank, MTN, Kumba and an ETF in the mix.

Investors take profit on news of Old Mutual split

2016-03-11 13:42

Old Mutual's share price dropped more than 6% after the group confirmed plans to separate into four business units.


What SA's top 5 banks say about MMM

2016-06-10 07:30

As more and more MMM users complain about not being able to get cash from other users, SA’s top five banks respond to a query about the scheme's banking activity.

Banks that lured Diamond to Africa stumble on fading economies

2016-05-26 07:06

Bob Diamond followed other lenders to Africa's young population, rising wealth and decades of growth. Now, its fading economies risk taking down more lenders with them.

Ministers did meet with banks over Guptas, concedes Oliphant

2016-05-10 21:30

Labour Minister Mildred Oliphant has conceded that a meeting between cabinet ministers and South Africa’s four banks did take place.

Radebe: Govt talks on banks' Gupta decision 'ongoing'

2016-04-29 14:31

The ministers involved in the stand-off between the big four banks and Gupta-owed Oakbay investments will report back in two weeks, Planning Minister Jeff Radebe says.

DA snubs Guptas' Oakbay for meeting on banks

2016-04-25 14:19

The DA has refused to meet Oakbay Investments CEO Nazeem Howa, who apparently wrote to the party requesting a meeting regarding being blacklisted by SA's banks.

Banks acted alone when dropping Guptas - bank association

2016-04-14 09:27

The banks that have stopped offering services to companies tied to the Gupta family did so separately and independently, says the nation’s banking association.

Think long-term value when buying shares

2016-04-11 11:04

SA’s top five banking stocks have taken a knock, but this is a good time to be proactive and buy.

Nedbank Cup offers something for 'everyone'

2016-03-14 13:07

Tobie Badenhorst, Head of Sponsorships and Cause Marketing at Nedbank says the Cup "has something for everyone".

Old Mutual breakup adds to SA financial market woes

2016-03-11 20:03

Old Mutual’s plan to separate its four businesses adds further uncertainty to SA’s financial-services industry, which is already under pressure.

Old Mutual not selling Nedbank stake to strategic investor

2016-03-11 12:22

Old Mutual does not intend to sell its share in Nedbank to a new strategic investor, SA's regulatory bodies say in a joint statement.

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