ARTICLES RELATING TO BANKING

Pay devices cause duplicate card transactions

2014-10-21 12:28

Certain merchant pay point devices have caused duplicate card transactions to occur on the accounts of a number of consumers.

Credibility meets compromise in EU bank stress

2014-10-20 10:19

When Europe announced a health check of top banks it promised an assessment of how well prepared they were to withstand another financial crisis.

Goldman Sachs profits jump on robust mergers

2014-10-16 16:15

US investment bank Goldman Sachs has announced a big increase in quarterly earnings thanks to robust merger advising activity and higher trading revenues.

Banks battle to stem cyber crime

2014-10-14 19:44

Banks are fighting an uphill battle to protect themselves and their client accounts from cyber attacks and social media isn't making the fight any easier.

Investment funds to come under new focus

2014-10-13 14:00

Investment funds will come under more focus from global financial regulators, says the head of a worldwide push to prevent a repeat of the financial crisis.

US and UK to test big bank collapse

2014-10-12 16:00

Regulators from the US and the UK will get together in a war room to see if they can cope with any possible fall-out when the next big bank topples over.

Ukraine, Russia central bankers shake hands

2014-10-12 12:15

Female central bankers from Ukraine and its bitter rival Russia took the stage together in Washington and described differing fallout in eastern Ukraine.

European bank mergers still face hurdles

2014-10-12 10:02

Health checks on Europe's banks may reveal takeover targets, but any post-"stress test" tie-ups are likely to be along national lines.

State bank aims to bolster township economy

2014-10-08 05:00

The Gauteng government will push ahead with plans to launch a state bank to assist township entrepreneurs get access to funding, says premier David Makhura.

Nene: Banking sector downgrade unlikely

2014-10-07 07:00

The government is of the view that a further downgrade to the banking sector is highly unlikely, says Finance Minister Nhlanhla Nene.

Growth back on the agenda for UK firms

2014-10-06 09:22

Growth is back on the agenda for Britain's financial services companies, which have been posting rising profits and adding staff in recent months.

IMF warns on growth of shadow banking

2014-10-01 20:30

Lightly regulated "shadow banking" has grown to huge proportions in the global financial system and increasingly poses a risk to stability, says the IMF.

Trevor Manuel joins Rothschild

2014-09-30 11:08

Former finance minister Trevor Manuel has been appointed senior adviser to the Rothschild Group, according to the financial advisory services company.

African Bank and credit cards

2014-09-29 14:33

A few Fin24 users wrote with queries about how the African Bank curatorship is impacting the credit cards they have with the bank.

Swiss bank UBS starts FX settlement talks

2014-09-29 12:30

Switzerland's UBS has begun settlement talks over allegations it had been involved in manipulating foreign exchange rates, says the bank.

Latest on restructuring of African Bank

2014-09-26 17:57

The curator of African Bank has provided an update on the restructuring of the bank and the impact on the various stakeholders.

China considers replacing central bank head

2014-09-25 13:00

Chinese central bank governor Zhou Xiaochuan, an advocate of pro-market financial reforms, may lose his job in a reshuffling.

Equities remain suspended, Abil cautions

2014-09-22 11:50

Investors of African Bank are advised that the curatorship of the bank and the restructuring initiatives in respect of Abil remain ongoing.

US, Australia welcome bank progress

2014-09-19 11:00

The United States and Australia are encouraged by progress on rules to reduce the problem of "too-big-to-fail" banks as part of efforts to improve stability.

Most Bank of England officials oppose rate rise

2014-09-17 16:15

Most Bank of England policymakers remained against raising interest rates when they met this month, and data show wages rising at their slowest pace on record.

European banking job numbers drop further

2014-09-16 16:15

The banking sector's long and painful restructuring accounted for a furthe fall in staff numbers at Europe's biggest lenders in the first half of the year.

Video

Sasfin Holdings has recorded a jump in headline earnings per share to 486 cents for the six month period ended December 2013 31 from 421c in the same period last year.

0 comments19 Views

Portugal's 'good bank' gets new head

2014-09-15 11:45

Former Lloyds banker Eduardo Stock da Cunha is to take over the helm at Novo Banco, the "good bank" created after the bailout of stricken Banco Espirito Santo.

JPMorgan hackers accessed servers

2014-09-14 15:00

Hackers have accessed dozens of servers at JPMorgan Chase & Co in a cyberattack launched in June, though no money was taken.

Former African Bank boss apologises

2014-09-14 09:18

Former African Bank executive Tami Sokutu has finally apologised for having dismissed the poor who borrowed from the embattled bank.

 

ECB looking at corporate bond buys - sources

2014-10-21 11:45

The European Central Bank is considering buying corporate bonds on the secondary market and may decide on the matter as soon as December, sources say.

BoE defends banker accountability law

2014-10-17 08:43

Britain's banks are over-reacting to rules aimed at making senior officials accountable for breaches which happen on their watch, says a top regulator.

Foreign banks bow down to Zim empowerment

2014-10-16 08:55

Indigenisation Minister Francis Nhema says all foreign banks operating in Zimbabwe, with one exception, have complied with the country’s indigenisation laws.

Now you can tweet money transfers too

2014-10-14 18:43

One of France's largest banks has launched a service to allow its customers to transfer money to other people via tweets on social network Twitter.

European bank mergers still face hurdles

2014-10-13 11:30

Health checks on Europe's banks may reveal takeover targets, but any post-"stress test" tie-ups are likely to be along national lines.

China's central bank sees low risk of hard landing

2014-10-12 13:45

The chance of a hard landing for China's economy is small despite worries about the real-estate sector, says the chief economist of the People's Bank of China.

UK ring-fences a hurdle for bank directors

2014-10-12 10:50

Britain's major lenders may find it hard to hire dozens of directors that are required as part of a radical reshape of the industry.

Foreign banks in Myanmar will bide time

2014-10-08 09:50

Myanmar has thrown open the door to foreign banks, but weak credit protection and tight restrictions on lending mean it's not a warm welcome, at least not yet.

Top African Bank official to retire

2014-10-07 10:00

The board of African Bank Investments has announced the retirement of a member of the group's top management.

Loyal depositors shoulder Turkey's Bank Asya

2014-10-06 12:00

Selling everything from their sofas to their wedding rings, Bank Asya clients are battling to shore up the Turkish lender.

Big bonus for World Bank chief sparks protest

2014-10-02 10:15

A $94 000 bonus for the World Bank's finance chief, disclosed in an internal blog, is drawing criticism from staff who are questioning it, amid budget cuts.

UK to review banking portability service

2014-09-30 12:30

Britain is reviewing whether bank customers should be allowed to switch lenders using their existing account number in a bid to boost competition.

Bank derivatives boom ahead of ECB results

2014-09-29 16:45

Investors, not entirely confident that next month's European Bank check will yield positive results, are stacking up derivatives positions.

Be warned of yet another banking scam - body

2014-09-29 12:45

People are being defrauded by being told that their suppliers have changed banking details, warns the SA Banking Risk Information Centre.

Capitec shows higher earnings, gains clients

2014-09-29 09:59

Capitec Bank's first-half earnings have risen after the mass-market lender attracted more customers and booked higher transaction income.

EU banking watchdog to clamp down on banks

2014-09-26 10:30

The European Union's banking regulator is planning to clamp down next month on banks whose pay policies are designed to sidestep the EU's incoming bonus cap.

Bank benefits lure clients - study

2014-09-24 14:15

Competition among banks has risen and some reward schemes on bank accounts seem to be of great benefit to clients, says Solidarity.

Investec sees stronger first-half earnings

2014-09-19 11:32

Investec expects an improved first-half performance, boosted mainly by increased assets under management.

Barclays case: Court dismisses appeal

2014-09-18 19:47

An application by a former relationship manager at Barclays Wealth, a division of Absa, for leave to appeal a 15-year sentence, has been dismissed.

European banks' political defences challenged

2014-09-17 10:00

For the first time since its financial crisis struck in 2008, Europe is carrying out stress tests that could force change at banks with political connections.

Big four banks performing well - PWC

2014-09-16 13:08

The four major banks in South Africa have posted combined headline earnings of R27.8bn, an increase of 13.1% in the six months ending June 2014, PwC says.

Sasfin earnings could have been higher - CEO

2014-09-15 15:47

Sasfin has posted a 15% increase in headline earnings per share, but the group could have boosted growth further, CEO Roland Sassoon tells Fin24.

New head for Portugal's Novo Banco bank

2014-09-15 10:45

Former Lloyds banker Eduardo Stock da Cunha is to take over the helm at Novo Banco, the "good bank" created after the bailout of stricken Banco Espirito Santo.

UK banks slam leverage plans as too complex

2014-09-14 14:15

Britain's banks have slammed plans to impose new capital rules for lenders and said the "leverage ratio" proposals are far too complex.

Barclays poaches Aviva chairperson

2014-09-12 17:23

Barclays has appointed banking and insurance veteran John McFarlane as its new chairperson to oversee the efforts of improving performance.

Jobs in Cape Town [change area]

Property [change area]

Travel - Look, Book, Go!

Magical Massinga

Spend 5 nights at the gorgeous Massinga Beach Lodge in Mozambique and only pay for 4 from R13 220 per person sharing. Includes return flights, accommodation, transfers and romantic turndown. Book now!

Kalahari.com - shop online today

Save up to R1000 on Hisense smartphones!

View the large range of Hisense smartphones. Buy today and save up to R1000!

Deal of the week!

Save R1200 on the Samsung 48” smart full HD LED television now only R8799. Buy now!

Toys 4 for the price of 3

Buy 4 toys and get the cheapest FREE! Offer valid while stocks last. Shop now!

Mind blowing prices – As seen on TV

Get mind blowing prices on 1000’s of products! Shop now.

Save 20% on Nivea beauty products!

Buy any two Nivea beauty products and save 20%. Offer valid while stocks last. Shop now!

OLX Free Classifieds [change area]

Samsung Galaxy s4

Mobile, Cell Phones in South Africa, Western Cape, Cape Town. Date October 24

Best bargain in big bay

Real Estate, Houses - Apartments for Sale in South Africa, Western Cape, Cape Town. Date October 25

VW Golf 6, 1.6 Trendline (Excellent condition)

Vehicles, Cars in South Africa, Western Cape, Cape Town. Date October 25

There are new stories on the homepage. Click here to see them.
 
English
Afrikaans
isiZulu

Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Settings

Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.








Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.