ARTICLES RELATING TO BANKING

UK govt no longer biggest Lloyds bank investor

2017-01-10 15:09

The British government is no longer the biggest shareholder in state-rescued Lloyds bank, after selling another tranche of shares.

More hoard cash due to economic uncertainties

2016-12-28 17:33

Britons are holding onto their cash in a sign that they may be hunkering down in the face of economic uncertainties, says the British Bankers Association.

Deutsche Bank to settle US subprime case

2016-12-23 15:26

Deutsche Bank has agreed to pay a total of $7.2bn to settle a case with the US Department of Justice over its role in the subprime mortgage crisis.

How to slash your bank charges

2016-12-19 19:32

After an unhappy Fin24 user complained about high banking fees, FNB offered the following advice on how clients can avoid unnecessary banking expenses.

Fat fine for Absa

2016-12-15 19:17

The South African Reserve Bank has slapped Absa Bank and Société Générale with a collective fine of R12m.

Biggest UK banks seen struggling in tougher stress tests

2016-11-28 16:15

The Bank of England has added a new, higher bar to its third round of public stress tests. Some of the UK’s biggest banks will scrape through; others may not clear it.

SA Champion Capitec looks abroad – for digital banking breakthroughs (and a deal perhaps?)

2016-11-18 12:51

Capitec CEO Gerrie Fourie shares some thoughts on how Silicon Valley may well hold the key to his group’s international expansion ambitions.

Junk downgrade seen as biggest threat to SA banks - survey

2016-11-09 09:42

Technological disruption and population growth are seen as significant forces in African banking while local banks fear the impact of a credit downgrade, according to a survey.

Crisis due to cheque fraud

2016-10-28 16:48

A Fin24 user from Durban was shocked to discover that his business became the target of cheque fraud of R58 000.

SA banks remain well capitalised – Treasury

2016-10-26 15:52

South Africa’s banks remain well capitalised and the country’s financial sector is growing despite a sluggish economy, says National Treasury.

 

Joburg banner brands FNB as 'Flippen Negligent Bankers'

2017-01-09 18:17

First National Bank has alerted authorities to an illegal banner on the N1 highway, lambasting it as "Flippen Negligent Bankers" in reference to the banks’ acronym.

Victims raise questions after heist at FNB

2016-12-26 16:06

A Fin24 user writes that a growing number of victims of a recent heist of safety deposit boxes that occurred at an FNB branch in Randburg, are demanding answers.

Abil announces latest results, name change update

2016-12-21 12:22

Abil's significant change in earnings was mainly due to Standard General Insurance Company exiting its relationship with African Bank Limited.

Obtaining a credit card when self-employed

2016-12-19 15:19

A Fin24 reader wants to know how he can obtain a credit card if he is self-employed.

Banking stocks surprise wrongfoots money managers

2016-12-08 07:31

Over-defensive South African money managers who have missed their performance benchmarks would be better positioned had they read signals that banking stocks were better than expected.

The rise in popularity of co-working space

2016-11-18 12:54

SPONSORED: Going back just ten years ago and no one would have predicted how popular co-working space would be today.

Trends in consumer use of loyalty programmes

2016-11-11 15:44

SA’s big retail banks could be sitting with more than R2bn in unspent loyalty points, according to the CEO of a firm specialising in loyalty programmes.

Standard Bank's Zim unit backs down on new terms

2016-11-03 15:47

Standard Bank's unit in Zimbabwe, Stanbic Bank, has reversed updated terms made in preparation for the issuing of bond notes after a backlash from customers.

Zim allocates $150m to stabilise forex accounts

2016-10-27 12:34

The Zimbabwean central bank has stabilised forex accounts with a $150m facility after a business body said foreign investors are stranded on the local stock market.

Discovery clears first hurdle for own bank

2016-10-25 18:46

Discovery has cleared the first hurdle to start its own bank in South Africa after the Registrar of Banks gave it permission to establish a banking presence in the country.

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