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Financial Services

Barclays case: Court dismisses appeal

Sep 18 2014 19:47

An application by a former relationship manager at Barclays Wealth, a division of Absa, for leave to appeal a 15-year sentence, has been dismissed.

Financial Services

New kid on the actuarial block

Sep 18 2014 18:16

The merger of two complementary mid-tier South African firms has created a new large actuarial firm that has an eye on further African growth.

Financial Services

US high-speed trading firm fined $16m

Sep 17 2014 20:20

A high-frequency trading firm has been fined $16m for violating minimum capital requirements, the Securities and Exchange Commission has announced.

Financial Services

Finbond expects improvement

Sep 17 2014 11:30

Finbond Group has indicated that it expects a percentage improvement of between 34.8% and 52.2% in basic and headline earnings per share

Financial Services

European banks' political defences challenged

Sep 17 2014 10:00

For the first time since its financial crisis struck in 2008, Europe is carrying out stress tests that could force change at banks with political connections.

Financial Services

European banking job numbers drop further

Sep 16 2014 16:15

The banking sector's long and painful restructuring accounted for a furthe fall in staff numbers at Europe's biggest lenders in the first half of the year.

Financial Services

Big four banks performing well - PWC

Sep 16 2014 13:08

The four major banks in South Africa have posted combined headline earnings of R27.8bn, an increase of 13.1% in the six months ending June 2014, PwC says.

Financial Services

ConCourt to hear credit appeal

Sep 15 2014 19:58

The Constitutional Court will hear an appeal on whether a credit provider's failure to register under the credit act invalidates a loan agreement.

Financial Services

OECD slashes growth forecasts

Sep 15 2014 15:15

The OECD has slashed its growth forecasts for major developed economies, urging more aggressive ECB stimulus to ward off deflation in a subdued eurozone.

Financial Services

Cash repayments part of African Bank collapse

Sep 15 2014 12:32

The problems at African Bank could perhaps have been avoided if it relied less on cash repayments of loans, suggests an expert.

Financial Services

Portugal's 'good bank' gets new head

Sep 15 2014 11:45

Former Lloyds banker Eduardo Stock da Cunha is to take over the helm at Novo Banco, the "good bank" created after the bailout of stricken Banco Espirito Santo.

Inside Fin24.com

 
Financial Services

Investec sells $877m of Irish loans

Sep 15 2014 10:45

Investec has sold £540m of Irish mortgages to a US private equity firm, marking its second deal this month to get rid of loans it not longer wants.

Financial Services

JPMorgan hackers accessed servers

Sep 14 2014 15:00

Hackers have accessed dozens of servers at JPMorgan Chase & Co in a cyberattack launched in June, though no money was taken.

We're talking about:

Small Business

New forms of digital technology are changing the very ways in which entrepreneurs run their businesses.
 
 

Device lets disabled people talk through their nose

A device that converts nose breaths into speech will open new doors for people with Parkinson’s or motor neuron disease.

 
 

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