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.

Nigerian banking in ‘full blown financial crisis’

2016-10-10 11:49

Nigeria’s banking industry is experiencing a “full blown financial crisis” as failed fiscal and monetary policies lead to a credit crunch, say analysts.

Blame game puts Deutsche Bank's past in spotlight

2016-10-04 18:27

Deutsche Bank's complaints that it is the target of speculators are triggering debate in Germany over where responsibility really lies for the giant's woes.

European banks to cut 20 000 jobs

2016-10-03 15:45

European banks are preparing a fresh round of bloodletting - with some 20 000 jobs set to go - as tougher rules and negative interest rates weigh on profits.

Six things to know about Deutsche Bank

2016-10-02 12:13

Shares in Deutsche Bank have plunged, dragging down other European banks and stock markets, before rallying.

Six things to know about Deutsche Bank

2016-09-30 15:15

Shares in Deutsche Bank have plunged, dragging down other European banks and markets worldwide.

Disruptive Capitec, rated the world’s best bank, now moving into credit cards, insurance

2016-09-28 19:52

The Capitec train continues to roll, with the bank rated by Lafferty International as the world’s very best launching new challenges in credit cards and insurance.

Former African Bank Limited repays Sarb loan

2016-09-15 16:40

The curator of Residual Debt Services - previously known as African Bank Limited - says it has repaid the outstanding balance of a Sarb transaction loan.

Big SA banks doing exceptionally well - PwC

2016-09-14 11:05

SA's major banks have posted combined headline earnings of R34.6bn in the first half of the year despite a challenging global and local economic environment, says PwC.


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.

African banks are sinking deeper into trouble

2016-10-21 19:31

Drowning in bad debt and swamped by slowing economies, more and more of the continent’s lenders are starting to fail.

European bank woes show financial risks - IMF

2016-10-05 19:14

European banks' weakness looms large as a threat to the global financial system, with thin margins and an unsafe share of poor quality loans, says the IMF.

Australia cracks down on rate riggers

2016-10-04 13:32

Manipulating financial benchmarks will become a criminal offence in Australia, as the nation's largest lender defends its huge profits.

Deutsche Bank close to slashing US fine - source

2016-10-02 13:00

Deutsche Bank is near a deal with US officials to slash a huge fine over its dealings prior to the 2008 financial crisis, says a source.

Stocks rebound in Deutsche Bank-led volatile trading

2016-10-02 12:06

US and eurozone shares have pushed higher in volatile trade driven by Deutsche Bank's negotiations to settle US charges over its sale of toxic mortgage bonds.

Now SA kids can do their banking on a kiddies app

2016-09-29 15:21

Parents can now help their kids develop good financial habits with a brand new app.

Warning of banks' exposure to sovereign risk

2016-09-20 19:24

Ratings agency Moody's expects South Africa's banking sectors to have a challenging operational environment in the coming year.

We're above board, insists Zuma's bank

2016-09-14 13:30

The CEO of VBS Mutual Bank, which has loaned the president money to pay for his Nkandla upgrades, says the institution is fully compliant with its banking licence conditions.

Oil impairments at Norway’s banks set to rise – regulator

2016-09-12 10:30

Norway’s financial regulator has said that banks exposed to oil-industry losses face a rise in impairments that will erode profits as the full effect of the slump in crude prices runs its course.

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