It's been a long, hard and expensive slog, but next week former president Jacob Zuma will finally get what he's always wanted: his day in court.
Capitec's acquisition of Mercantile Business Bank has been formally approved by Minister of Finance Tito Mboweni and other regulatory authorities.
The ANC's head of economic transformation, Enoch Godongwana, is the new chairperson of the board of the Development Bank of Southern Africa.
The labour court will on Thursday rule on whether the finance union Sasbo can go ahead with a bank strike on Friday.
The new bank, which launched in June, said it is ahead of target with the number of clients joining and ready to start turning on new functions.
The tide is turning towards banking. What if the new generation of banks could make us better with money – and better citizens too?
Sub-Saharan Africa has more mobile-money accounts than anywhere else in the world with about 396 million registered users at the end of 2018, a 14% increase from a year earlier, according to the GSM Association.
TymeBank has appointed Tauriq Keraan as its new CEO with immediate effect.
Between cutting branches and shrinking others, Nedbank "saved" 29% more branch floor space over the past year, and it is not done cutting back yet.
Around 50 traders in London and New York had access to work emails weeks after leaving, in another black eye for the beleaguered bank.
Deutsche is being slammed for paying $52 million 'golden parachutes' to fired execs.
Ashish Shah is caught in the middle of India’s latest financial crisis. As chief operating officer of Radius Developers, he’s struggling to fund construction of apartment complexes because of a liquidity crunch in the nation’s bloated shadow-banking sector.
Banking union Sasbo has been interdicted from proceeding with what would have been the biggest banking strike in 99 years.
Business Unity South Africa, representing SA's major banks, has filed a court application to interdict a planned bank strike.
Much like our physical health, we expect our money and financial circumstances to take us where we need them to and provide for us without us having to think much about it. This is the mark of someone financially healthy – but what if you’re less healthy than you think?
The future of banking will be technology-led, but it remains unclear whether new players will be able to compete with traditional banking institutions in terms of scale and profitability, Nedbank [JSE:NED] chief executive officer Mike Brown said on Wednesday.
Deutsche Bank leads the way on cuts, but Barclays, HSBC, Société Générale and Citigroup are also reducing headcount.
Bank of Baroda SA has paid R400 000 in administrative penalties into the Criminal Assets Recovery Account within the National Revenue Fund, after being fined by the SA Reserve Bank's Prudential Authority.
South Africa's biggest financial union is threatening to disrupt the country's banking industry by leading its 73 000 members on a strike next month, in what would be its largest industrial action in almost a century.
An estimated 16 million South Africans have cash in bank savings accounts, but a staggering 40% of people have placed this money in low interest-bearing savings accounts.
The CEO of Germany's biggest bank is expected to announce a massive overhaul on Sunday. It's been a rough few years for the beleaguered lender.
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