JPMorgan wants millennials to buy cars

2016-08-26 12:38

Millennials are smart, price-sensitive consumers who are far more likely than older customers to switch lenders if they find a better deal and aren't loyal to banks.

Fund on hiring spree for R8.76bn African finance venture

2016-08-16 07:49

A new development-finance venture plans to hire as many as 20 people, including analysts, to manage its investments and help it spend another R4bn in acquisitions.

Absa clients fuming over double charge

2016-08-12 16:57

Frustrated Absa clients left out of pocket after being charged twice for a single transaction on their debit and credit cards are demanding answers from the bank.

Banks face growing blockchain challenge - law experts

2016-08-12 07:10

Blockchain - the technology that underlies cryptocurrencies such as bitcoin - is grabbing the attention of banks, says a prominent local law firm.

Banks Burger in Cape Town

2016-08-10 17:06

Gourmet fast food burger joint.

Nedbank first-half profit growth slows as Ecobank makes losses

2016-08-01 09:25

Nedbank says first-half profit growth slowed to 2.1% after accounting for losses associated with its stake in Ecobank Transnational.

Barclays chief urges Zim execs to be bold

2016-07-27 10:58

A top banker in Zimbabwe says business executives should speak out their concerns on President Robert Mugabe’s policies and economic developments in the country.

ATMs spit out cash without cards as smartphones take over

2016-07-15 15:24

Forgot your bank card at home? No worries. Many ATMs will soon dispense cash with help from a smartphone and banking app.

Top officals of Nigeria's Skye Bank fired - source

2016-07-04 18:30

A source in Lagos says the Nigerian central bank has sacked top executives of Skye Bank over capital adequacy issues.

SA regulators said to query Baroda Bank on Gupta accounts

2016-06-13 14:21

South African regulators are seeking details from India’s Bank of Baroda of accounts belonging to businesses owned by the Gupta family, according to a close source.


Meet the man who’d revolutionise money, from the inside out

2016-08-17 10:54

Frank Breitenbach would like to pull apart the global financial system and then put it back together again, only this time without credit bubbles, crises and bailouts.

Discovery gets ready to move into banking

2016-08-16 07:45

Discovery has hired a team of bankers as it steps up efforts to create a new lender, its CEO has explained.

We visit the new Banks Burger in Newlands

2016-08-12 16:30

Watch out people! There's a new burger joint about to steal your heart in Newlands.

How the cheapest bank in SA stacks up against the rest

2016-08-10 18:41

All four big banks are now in fierce competition with Capitec in the basic bank account market, a new report on bank charges shows.

FNB launches mobile banking units in containers

2016-08-02 18:57

People living in remote areas can now access formal banking services after FNB launched mobile banking units in containers.

Don't panic, says Nigerian governor as bank shake-out looms

2016-07-31 16:01

Breaking the central bankers' taboo on the use of the 'p-word', Nigeria's Godwin Emefiele has urged for calm amid the country's worst crisis in decades.

Gordhan takes stock at first Brics bank AGM

2016-07-21 20:30

The Brics bank has moved at an unprecedented rate to fund infrastructure and development projects in Brics and other emerging and developing economies, says Treasury.

MTN beefs up team with another top banker

2016-07-08 07:49

Africa’s biggest mobile network by subscribers, MTN, has hired another top banker to join its team amid a management shake-up.

Guptas in move to buy a bank - report

2016-06-22 22:28

The Guptas could soon find a solution from being blacklisted by South Africa’s leading banks by buying their own bank, a report suggests.

UK banks investors may have ignored Brexit risk: Citigroup

2016-06-09 11:39

UK's biggest banks, down 28% on average in the past year, have even further to fall if UK voters opt to leave the European Union this month, said Citigroup analysts.

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