African Bank collects up to R2.4bn a month

2015-03-03 10:51

African Bank continues to operate in a stable manner with total monthly collections of up to R2.475bn between August 2014 and January 2015.

Customers slightly happier with SA banks - index

2015-03-02 14:03

SA banks have achieved slightly higher customer satisfaction scores in an index, with Capitec and FNB tops in perceived quality and exceeding expectations.

Top European banks in FX probe - sources

2015-03-01 18:15

The New York state financial regulator has subpoenaed three major European banks and a US peer in a probe of foreign-exchange rigging, sources say.

Another Zim bank closes down

2015-02-25 10:54

The Reserve Bank of Zimbabwe has cancelled the operating licence of the local unit of Mauritian lender AfrAsia Bank.

R10m fine: Deutsche Bank working with Sarb

2015-02-22 14:11

Deutsche Bank says it has fully co-operated with the SA Reserve Bank after a branch in Johannesburg was slammed with a R10m fine.

'Grexit' risks rise, compromise still possible

2015-02-17 11:00

The chances of Greece forced out of the eurozone have risen, but a compromise between Athens and its European partners is still possible, say Greek banks.

Bank tries to stop naming of SA rich in scandal

2015-02-15 13:34

Banking giant HSBC has reportedly threatened a South African newspaper over its article on wealthy South Africans who held R23bn in secret Swiss bank accounts.

Zim depositors strike over cash crunch

2015-02-11 20:30

Disgruntled depositors with AfrAsia Bank's unit in Zimbabwe are seeking clearance to stage a strike against the bank's failure to meet their cash demands.

Zim to demonetise the Zimbabwean dollar

2015-02-11 15:25

Zimbabwe will use US$20m for demonetisation of the Zimbabwean dollar that was rendered useless when the country dollarised, says the Reserve Bank of Zimbabwe.

China graft probe gets into financial sector

2015-02-03 13:15

A Bank of Beijing senior official is under investigation for serious disciplinary violations as China's anti-corruption drive focuses on the finance sector.


UK govt resists widening banker bonus curbs

2015-03-02 15:18

Rules to prevent bonuses from encouraging excessive risk taking at banks should not be extended to junior staff, says a British government minister.

One in 10 bankers scraps bids for top UK jobs

2015-03-02 07:00

More than one in 10 people picked for the top jobs in British finance pull out during a regulatory vetting process which has got tougher since the financial crisis.

Banking body welcomes new authorities

2015-02-26 15:54

Banking Association South Africa welcomes Nene's confirmation about new regulatory authorities for market conduct and prudential regulation.

SA ripe for a mobile banking revolution

2015-02-23 12:15

An expert says the rapid adoption of feature phones, smartphones and online technology has positive implications for financial inclusion policies.

Indian companies turn back on bank loans

2015-02-18 13:15

Indian corporate bond issuance looks set to surpass 2013 and 2014 as expensive bank loans force companies to try their luck in capital markets.

HSBC publishes apology in UK papers

2015-02-15 20:00

HSBC has published a full-page letter in British newspapers to offer its "sincerest apologies" for past practices at its Swiss private bank.

HSBC's reforms at Swiss bank eat into profits

2015-02-12 12:00

HSBC's Swiss private bank has seen a steep drop in profits since 2008 and even fell to a loss in 2013.

German central bank clear of Lehman debts

2015-02-11 17:00

Germany's central bank says that it had cleared the bad debts it incurred when the US financial services firm Lehman Brothers went bust six and a half years ago.

HSBC SwissLeaks claims spark political row in UK

2015-02-09 13:15

Claims that giant HSBC has helped rich clients dodge tax has started a political firefight in Britain as the main parties have sought to blame each other.

Profits and productivity are key to happiness

2015-02-03 11:48

An Irish bank has rolled out a programme focusing on developing employees' mind, body and career, as lenders move from survival mode to recovery.

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