Gauteng 'tops' for ATM related robberies, Eastern Cape for bank robberies - new study

2019-06-26 20:56

Most robberies after people withdrew money at an ATM or inside a bank branch occur in Gauteng, according to a report by the SA Banking Risk Information Centre.

WATCH: Deutsche Bank faces investigation for possible money-laundering lapses

2019-06-21 20:56

US federal authorities are investigating whether Deutsche Bank complied with laws meant to stop money laundering and other crimes, the New York Times reported.

Financial services industry under attack by cyber criminals - expert

2019-06-11 21:30

According to research by IBM, there are about 17 billion cyber-attack incidents daily, and the most attacked industry is financial services, because of the valuable data in its possession.

Absa separation from Barclays on track for completion in 2020

2019-06-08 14:19

Absa's programme to separate from Barclays is 69% complete and 184 of the 266 projects have already been delivered, two years into the three-year programme.

Standard Bank branch closures: Here's how you will be affected

2019-06-04 20:00

Standard Bank has made available a lost of branches which have been closed as the bank realigns its banking services. Here are the regions that will be affected.

Liberty's Munro has unfinished business in third year as CEO

2019-05-31 08:30

While profit margins on Liberty's sales have more than doubled, and outflows stemmed, the share price has lagged behind its larger peers since the 48-year-old career investment banker started two years ago.

Old Mutual CEO in no mood to go quietly

2019-05-24 20:49

Suspended by the board for conflicts of interest involving his investment firm NMT Capital, CEO Peter Moyo signalled he has no intention of going quietly.

KPMG on journey of renewal - chair at opening of new Cape Town office

2019-05-16 21:03

KPMG Southern Africa officially opened its new office in Cape Town earlier this week.

WATCH: Financial services key to tapping Africa's potential

2019-05-09 20:53

Business leaders from across Africa are in London this week for an investment conference focused on promoting development on the continent.

Hefty fine for credit rating agency over conflict of interest breach

2019-04-30 21:05

The Financial Sector Conduct Authority has imposed a penalty of R487 000 on Global Credit Rating over a breach of its conflict of interest rules.


Banks spend $1trn on digital, but few benefit - study

2019-06-22 12:00

While global banks have been pouring money into information technology - to the tune of $1trn over three years - only a handful appear to be fully committed to a digital transformation and are therefore reaping the benefits.

PwC’s R67m UK fine gives fresh ammunition to audit critics

2019-06-13 13:11

PwC was fined about R67m by the UK’s accounting watchdog over failings in its handling of technology firm Redcentric

African Rainbow Capital and Ethos Private Equity announce investment deal

2019-06-10 15:54

African Rainbow Capital and Ethos Private Equity have jointly announced an investment of R200m by the Ethos Artificial Intelligence Fund and co-investors in TymeBank.

Goldman Sachs sued as ex-VP alleges discrimination for 'sounding too gay'

2019-06-05 19:35

Goldman Sachs Group has been sued by a former vice president who claims the bank discriminated against him for being gay - and then fired him for complaining about it.

Competition Commission recommends go-ahead for Absa, Société Générale deal

2019-05-31 11:10

The Competition Commission has recommended to the Competition Tribunal that it give the green light to a proposed merger that will see Absa acquiring target assets from Société Générale.

Funeral benefit woes top bumper list of complaints to Ombud for Long-Term Insurance

2019-05-30 09:00

The Ombuds for Long-term Insurance has received a record number of complaints in 2018, most of which were about funeral benefits.

WATCH: HSBC plans more China tech jobs in push for market share

2019-05-22 11:50

HSBC plans to add more than a 1 000 jobs this year at its technology development centres in China, as the Asia-focused lender seeks to bolster its presence in the world's second largest economy.

Llewellyn sees gap in financial advisory recruitment in SA

2019-05-15 17:59

After close to two years of research, Llewellyn Paulse of The Recruitment Council saw a need for a firm focusing on the financial advisory sector.

Tymebank reaches 250 000 customers milestone

2019-04-30 21:38

Digital bank TymeBank reports that it has signed its 250 000th customer.

From guarding flamingo feathers to furthering fintech - how FNB made it to 180 years

2019-04-29 20:24

From accepting wool and flamingo feathers for safe keeping, to providing innovative tools for people to manage their finances, the message of helping people has been consistent over FNB's 180-year existence, says CEO Jacques Celliers.

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