Barclays Africa first-half profit up on consumer bank boost

2015-07-29 08:36

Barclays Africa Group says first-half profit climbed 9.8% after retail and business banking earnings rose, bad debts declined and it expanded African operations.

Banks likely to steer clear of Iran for now

2015-07-19 14:45

International banks and most insurers are likely to steer clear of dealing with Iran for some time, fearing they could face more fines from US regulators.

Barclays may not pick new CEO until spring 2016

2015-07-10 13:17

Barclays may not pick its next chief executive until early next year, potentially leaving new Chairperson John McFarlane in charge for at least eight months.

How kids can save when banking

2015-07-09 11:51

Banks should not charge fees for transactions made by children to allow their first saving experiences to be about seeing their money grow, says an expert.

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.


Winning Women – Maria Ramos: Energising Africa

2015-07-19 15:36

Maria Ramos, CEO of the giant Barclays Africa Group, believes the accelerating pace of change on our continent is creating phenomenal opportunities, writes Sue Grant-Marshall

African Bank restructuring delayed

2015-07-15 11:52

The completion of the proposed restructuring process of African Bank will likely be delayed, says the curator.

8 reasons why Europe is shaking up banking

2015-07-09 20:30

Barclays CEO Antony Jenkins has joined the roster of seven other former CEOs as European banks look for new skills.

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.

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