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Financial Services

UK accepts defeat in bank bonus limit bid

Nov 21 2014 11:44

Britain has suffered an embarrassing defeat in its attempt to block the European Union's new limits on bank bonuses.

Financial Services

Land Bank needs CEO, urges Afasa

Nov 21 2014 06:00

The African Farmers Association of SA has called on Finance Minister Nhlanhla Nene and the Land Bank Board to appoint a permanent Land Bank CEO.

Financial Services

Russian firms face huge insurance costs

Nov 20 2014 17:55

Russian companies face billions of dollars in extra insurance costs as Western sanctions prompt foreign insurance firms to start pulling out.

Financial Services

Wonga acting CEO calls it quits

Nov 20 2014 17:05

UK's biggest payday lender Wonga's acting chief executive has stepped down, becoming the third person to leave the job in the past twelve months.

Financial Services

RBS gets $88m fine for financial crash

Nov 20 2014 16:09

The Royal Bank of Scotland has been fined £56m by regulators for a system crash in 2012 that left millions of customers unable to make or receive payments.

Financial Services

Investec earnings up, bad loans down

Nov 20 2014 11:48

Investec has reported an expected 14% rise in first-half earnings as it benefited from a drop in bad loans and a boost in assets under management.

Financial Services

Britons petition banks on forex fees

Nov 20 2014 12:39

Over 13 000 Britons have signed an online petition calling for regulators to force banks to reveal how much they make on everyday foreign currency transactions.

Financial Services

RBS faces fine for 2012 system crash

Nov 19 2014 20:00

Royal Bank of Scotland is expected to be fined by Britain's financial regulator after millions of customers were unable to make or receive payments in 2012.

Financial Services

British banks on red alert for hackers

Nov 19 2014 19:16

In the next few months hackers will try to penetrate the cyber defences of Britain's major banks and steal information about millions of customers.

Financial Services

Banner wars: FNB now taken to task

Nov 19 2014 17:28

With the Cell C banner drama fresh on people's minds, a 5-year anti-FNB campaign has gone viral, sparking fears that more consumers will deal with issues this way.

Inside Fin24.com

Financial Services

Banks chase trading cheats with surveillance

Nov 19 2014 09:29

Stung by billion-dollar fines for malpractice on their trading floors, the world's big banks are using 'fuzzy logic' tools such as behavioural analytics.

Financial Services

Vatican bank gets €23m back

Nov 18 2014 19:35

An Italian bank has returned to the Vatican €23m that was blocked in a 2010 money laundering investigation, the Vatican bank says.

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