Investec CEO's salary, bonus jump 23% to R57m

2015-07-01 20:07

Stephen Koseff, chief executive officer of Investec, received R56.9m in salary and bonus for the fiscal year ended in March, a 23% increase from a year earlier.

UPDATE: FNB says it's experiencing 'connectivity' problems

2015-06-25 16:00

Digital channels of First National Bank (FNB), including its website and mobile offering, have suffered downtime on Thursday.

India's plan of banking for all stumbles

2015-06-12 16:15

More than half of a record 160 million accounts opened in India as part of a drive to offer banking to all are still empty.

Banks under threat from ‘FinTech’ startups

2015-06-08 13:29

Traditional financial institutions are possibly under threat from technology businesses that are starting to shift their attention banking-type services, according to an expert.

Turkey's Bank Asya takeover 'not political'

2015-05-31 12:01

Turkish Deputy Prime Minister Ali Babacan says the takeover by regulators of Bank Asya was not political and that the Islamic lender would continue operating.

Eugene Booysen – The new challenge for business

2015-05-28 15:51

Barclays Africa's Head of innovation has the challenge of getting new thinking into a 40 000-person enterprise full of corporate antibodies that attack change.

Brexit may prompt Deutsche Bank to leave UK

2015-05-20 09:42

The Deutsche Bank is considering whether to cease all its operations in Britain if it decides to exit the EU.

SA banks in line for top African honours

2015-05-06 18:04

A few South African banks are among the finalists in the African Bank Awards taking place later this month.

Fed rate hike in June 'on the table' - policymakers

2015-05-03 18:00

The Federal Reserve could well raise interest rates as soon as June, two top US central bankers say, so long as economic data strengthens as expected.

Bank stocks get another look as climate improves

2015-04-27 17:45

European banking shares are attracting interest again as the outlook for lending improves and valuations look to be bottoming out.


Mboweni, Maasdorp part of Brics bank

2015-06-26 19:34

Cabinet has endorsed the nomination of Leslie Maasdorp as vice president of the Brics New Development Bank (NDB) and Tito Mboweni as non-executive director.

Market share decline puts Europe in jeopardy

2015-06-17 13:17

Retrenching and cost-cutting European investment banks are on course to lose market share to their bigger US rivals for the 10th straight year in 2015.

African Bank posts record R9.3bn loss

2015-06-11 11:49

African Bank has posted net losses of R9.3bn in its fiscal year as bad debts climbed and it failed to provide enough money to cover future impairments.

Britain to unveil plans to clean up markets

2015-06-07 12:10

Britain's regulators will unveil plans within days that aim to clean up behaviour in the financial markets where banks have been fined billions for trying to rig currencies.

SA wealth managers, private banks push dynamism

2015-05-29 19:13

Wealth managers and private banks are pushing the boundaries every year, shows a survey by a research firm.

Four banking shares you should add to your portfolio

2015-05-20 16:20

Global developed market banks are unloved and consequently undervalued by investors. Lisa Haakman identifies the four ‘good’ banks knocking around.

Stopping a debit order

2015-05-11 17:09

A Fin24 is worried about a debit order he agreed to and wants to know how he can stop it.

Cross-border payment systems key in Africa - Kganyago

2015-05-05 18:25

The development of regional cross-border payment systems will lay a solid foundation for facilitating trade and investment in Africa, Sarb Governor Lesetja Kganyago says.

Barclays launches £100m for tech firms

2015-05-01 10:59

Barclays has launched a new £100m fund to lend cash to fast growing British technology firms who may not want to sell an equity stake.

Big UK banks face further misconduct charges

2015-04-27 17:00

Britain's biggest banks face another $29bn of charges relating to past misconduct over the next two years, says ratings agency Standard & Poor's.

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