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Financial Services

RMB appoints new CEO

Apr 17 2015 17:26

FirstRand has appointed a new chief executive for Rand Merchant Bank, a division of FirstRand Bank.

Financial Services

Sekunjalo rebrands to avoid confusion

Apr 16 2015 18:46

The JSE-listed company Sekunjalo Investments Limited has re-branded itself and will now be known as African Equity Empowerment Investments Limited (AEEI).

Financial Services

African Bank securities remain suspended

Apr 16 2015 13:06

All debt securities of African Bank and equity securities of African Bank Investments remain suspended, cautions the bank's curator Tom Winterboer.

Financial Services

Brait to buy 80% of Virgin Active for R12bn

Apr 16 2015 12:16

SA-listed Brait has entered into an agreement to acquire an 80% interest in the health club operator Active Topco (Virgin Active) for about £682m.

Financial Services

Banks see talent flee amid healthcare M&A boom

Apr 15 2015 21:00

Many top bankers have left their jobs at major investment banks amid a surge in US healthcare deal activity to seek better compensation at investment banks.

Financial Services

ECB committed to full QE programme

Apr 15 2015 17:30

The European Central Bank has no plans to curb its money-printing programme although it expects eurozone economic recovery to broaden and strengthen.

Financial Services

Barclays investors urged to reject pay award

Apr 15 2015 16:30

Barclays shareholders should reject the UK bank's remuneration policy, as pay for chief executive Antony Jenkins is "excessive", says a shareholder advisory group.

Financial Services

ECB holds interest rates low, Greece casts shadow

Apr 15 2015 15:15

The European Central Bank has left interest rates unchanged, holding them at record lows as its money-printing scheme shows early signs of perking up the economy.

Financial Services

UK firm looks to expand financial services for kids

Apr 15 2015 14:00

Osper, a British company that provides pre-paid debit cards for children, is looking for partners and plans to offer new services and expand into Europe and the US.

Financial Services

Standard Bank's Hemphill takes helm at Old Mutual

Apr 15 2015 10:46

Old Mutual has appointed Standard Bank executive Bruce Hemphill to lead the Africa-focused insurance company, replacing Julian Roberts.

Inside Fin24.com

Financial Services

Greece casts shadow on ECB money printing

Apr 15 2015 11:45

European Central Bank policymakers may sanction possible further emergency funding for Greece's banks amid clear signs that the eurozone economy is picking up.


Chinamasa: SA banks taking advantage of Zim

Apr 08 2015 17:06

Zimbabwe's finance minister Patrick Chinamasa has criticised South African banks for wanting to charge more when its neighbour approaches them for loans.

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Johannesburg has been selected to host the Global Entrepreneurship Congress in 2017. "[The congress] will ensure that small business development remains firmly on the national agenda and the radar screen of all stakeholders, the Small Business Development minister said.

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