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Financial Services

Comment on changes to financial services code

Sep 02 2014 15:25

Financial services providers and representatives are invited to comment on proposed amendments to their code of conduct.

Financial Services

Insider traders in US face longer prison terms

Sep 02 2014 15:00

US judges are imposing long prison terms for insider trading, the rise is at least partly driven by the bigger profits being earned through illegal schemes.

Financial Services

UK accounting watchdog fines Mazars

Sep 02 2014 14:00

Britain's accounting watchdog has fined audit and advisory firm Mazars for failing in 2007 to meet regulatory standards while advising a pension fund.

Financial Services

Beware of pension fund scam, warns FSB

Sep 01 2014 19:05

The Financial Services Board has issued an alert for members of the public to exercise caution when dealing with AM Financial Services CC.

Financial Services

Standard Bank apologises for technical glitch

Sep 01 2014 15:36

Standard Bank has apologised to its clients for technical glitches that lasted several hours on the first day of Spring.

Financial Services

Standard Bank's Zim unit posts 18.8% growth

Sep 01 2014 13:07

Stanbic Bank, the Zimbabwe-based division of Standard Bank,, posted 18.8% growth in after-tax profit to $9.6m for the half-year ended June 2014.

Financial Services

Citigroup to compensate for bonus caps

Sep 01 2014 10:56

Citigroup has promised to pay senior staff in Europe twice their salaries in an attempt to compensate for rules that limit bonuses.

Financial Services

US slaps more sanctions on Iran

Aug 29 2014 18:49

The United States has imposed more sanctions on shipping firms, airlines and six Iranian banks.

Financial Services

Warren Buffett fund warning

Aug 31 2014 17:00

Warren Buffett built a fortune of nearly $60bn from astute stock picking, but when he dies, the money he leaves will be parked in a fund that simply moves in step with an index.

Financial Services

Bridgepoint buys forex provider Moneycorp

Aug 29 2014 16:21

European private equity firm Bridgepoint has bought British foreign exchange provider Moneycorp, says the fund.


Financial Services

Absa: We do cover quake damage

Aug 29 2014 07:00

Absa says it covera damage caused by mine-related earth tremors and has received over 1 000 claims linked to the recent 5.5 magnitude earthquake.

Financial Services

PSG Konsult credit rating upgraded

Aug 28 2014 16:00

PSG Konsult has advised shareholders that the rating agency Global Credit Rating Company has upgraded its long-term rating.

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