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Financial Services

Cooperative bank for healthcare sector launched

Jul 26 2017 11:35

The health economy received a boost with the launch of MediCoop CFI, a cooperative bank which is exclusive to the healthcare sector.

Financial Services

SAP beefs up leadership team amid Gupta probe

Jul 21 2017 10:09

SAP has announced an interim leadership team after four executives were placed on leave pending the outcome of a forensic probe into Gupta allegations.

Financial Services

Ex-Credit Suisse banker pleads guilty in US tax case

Jul 20 2017 14:45

A former Credit Suisse banker has pleaded guilty to conspiring to help Americans hide income and assets from the Internal Revenue Service.

Financial Services

BNP Paribas fined $246m over currency manipulation

Jul 18 2017 17:05

BNP Paribas, whose subsidiary is accused of rigging the rand in SA, has agreed to pay $246m to settle US allegations that it failed to keep its currency traders from manipulating prices.

Financial Services

Credit Suisse signals end of cost-cutting, job cuts

Jul 17 2017 18:27

Credit Suisse has signalled the era of cost-cutting and job dismissals may be soon be over, telling employees the bank will emphasize businesses that generate higher returns.

Financial Services

JPMorgan CEO: It's almost an embarrassment to be an American

Jul 16 2017 15:17

JPMorgan Chase chief executive Jamie Dimon ripped into the political gridlock in Washington and said Friday that they dysfunction threatened US economic prospects.

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Financial Services

SAP names those tackling #Guptaleaks allegations

Jul 14 2017 18:42

Global software giant SAP has appointed an acting CEO in SA and names the global law firm and forensics firm to tackle the #Guptaleaks allegations.

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