ARTICLES RELATING TO BANKING AND FINANCE

How behaviour determines your bank balance

2019-09-17 10:30

Are you aware of behavioural banking?

Mminele's Reserve Bank exit fuels talk of move to Absa’s top job

2019-06-27 14:48

South African Reserve Bank Deputy Governor Daniel Mminele will step down when his term ends Sunday, fueling speculation he is poised to take the top job at the country’s third-largest lender.

Accounting body strips former VBS board chair of membership

2019-02-20 19:53

Saica has recommended that ex- VBS board chairperson Tshifhiwa Matodzi be stripped of his registration with the organisation. The decision means that Matodzi won't be recognised as a chartered accounted.

Brexit means EU needs bank champions, German regulator says

2018-11-16 20:17

The UK’s impending exit from the EU increases the need for banking giants in the bloc that can rival those in London and New York, according to Germany’s central bank.

New Discovery bank aims to improve consumer financial wellness

2018-11-15 19:04

The new Discovery Bank which is based on a model of rewarding good financial behaviour enters the market during a period of constrained household savings and rising debt levels

VBS crisis gives Nedbank a boost

2018-08-07 16:18

Nedbank assisted 17 000 former VBS clients after it was appointed to administer depositor funds of the ill-fated mutual bank.

Capitec braces for the next round against Viceroy

2018-05-23 13:28

Capitec says it is committed to transparency as it prepares a direct response to the latest jab from short-seller Viceroy.

Capitec CEO says bank `back to normal' after Viceroy target

2018-02-20 07:15

Business at Capitec Bank is 'back to normal,' its chief executive officer has said, weeks after it became the target of the short seller Viceroy Research.

Winslyn looks at the role of tech in the financial sector in Africa

2017-10-11 14:52

kykNET's Winslyn reports on how technology drives partnerships in the financial services sector in Africa. (Afrikaans content.)

Moody's maintains negative outlook for SA banks

2017-09-11 17:22

Moody’s says projected sluggish GDP growth and an “unpredictable domestic political context” will weaken the loan quality and profitability of SA banks.

 

FNB now eyes financial and physical health

2019-07-31 14:07

FNB was the first bank to launch a banking app in SA. Over the years, it’s kept expanding the app’s functionality, and recently added a new wellness feature to help customers become healthier.

TymeBank has no monthly fees - here's how it compares to other big banks

2019-02-27 10:46

Newly launched TymeBank promises 50% cheaper banking fees with no physical branches.

Merrill Lynch penalised $6m for IPO sales to insiders

2018-12-20 19:26

Bank of America’s Merrill Lynch unit agreed to pay about $6m to settle Financial Industry Regulatory Authority allegations that it improperly sold shares in initial public offerings to industry insiders, the industry-backed regulator said on Thursday.

Ferial Haffajee: Can Adrian Gore disrupt the banks this time?

2018-11-16 07:30

Is Adrian Gore about to do to banking what he did to medical aid? asks Ferial Haffajee.

Gungubele: Rescuing VBS would send message that 'criminals can steal' and state will bail out

2018-10-21 12:34

Deputy Finance Minister Mondli Gungubele warns against a VBS bailout, says rescuing the bank would send a message that “criminals can steal” and the state would pay, reports the Sunday Times.

Building the bank of tomorrow

2018-05-23 16:39

finweek editor Jana Marais speaks to Standard Bank’s CEO about staying competitive in the Amazon and Uber age – when customers are used to getting what they want, when and where they want it.

FNB’s mobile account attempts to reach out to the unbanked

2018-04-22 05:57

FNB has launched its first mobile bank account service aimed at reaching out to millions of gap consumers, to whom current conventional products do not cater.

Jordaan and co’s Day Zero for low-cost banking

2018-01-21 08:38

Former FNB CEO Michael Jordaan and a band of his former colleagues announced their new “app-only” bank this week: Bank Zero.

Uncertainty reigns over banks’ transformation targets

2017-09-19 13:54

Will new regulations oblige banks and financial services institutions to comply with radical targets in an attempt to accelerate black ownership and inclusion?

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