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ARTICLES RELATING TO: BANKS
Economy

Numsa: Nationalise mines, banks

May 22 2012 09:25

All key economic sectors, including mining and banking, should be nationalised, the National Union of Metalworkers of SA proposes in a policy discussion document.

Financial Services

Moody's downgrades 16 Spanish banks

May 18 2012 08:23

Moody's has cut the debt ratings of 16 Spanish banks, citing the effects of the ongoing recession and the reduced creditworthiness of the Spanish government.

 
Financial Services

Moody's: SA banks plan cuts rating risk

May 16 2012 16:46

The creation of a liquidity pool which banks can tap to meet the global industry's new Basel III regulatory requirements relieves the pressure for a credit rating downgrade.

Financial Services

Massive loss shocks Wall Street

May 13 2012 16:00

Banks and their risky "bets" are once again in the line of fire after JP Morgan lost, in an ironic twist of fate, $2bn through a strategy supposed to reduce its risks.

Financial Services

Spain takes state control of Bankia

May 10 2012 09:52

The Spanish state will take control of the fourth-biggest listed bank, Bankia as it races to shore up the bank's bad loan-ridden balance sheet.

Economy

Osborne slams EU bank talks

May 03 2012 12:09

Britain's George Osborne accused fellow European Union finance ministers of contemplating a deal to tighten bank capital rules that would make him look "like an idiot".

Economy

Bank CEOs, ANC meet

Apr 24 2012 09:28

Heads of banks and the ANC economic transformation committee have held a private meeting, reportedly about ANC policy documents.

Economy

Where will the money come from?

Apr 22 2012 13:33

There are clear differences of opinion as to where SA should raise the funds and who should bear the costs of its infrastructure revolution.

Financial Services

SACP: SA banks headed for crisis

Apr 16 2012 16:54

South African banks are likely to move towards a serious bubble if they do not deal with the rise in unsecured lending, says the SA Communist Party.

 
Financial Services

Dexia accepts rescue offer

Oct 10 2011 07:35

Franco-Belgian bank Dexia has agreed to the nationalisation of its Belgian banking division and secured state guarantees.

Financial Services

Moody's cuts RBS and Lloyds ratings

Oct 07 2011 12:36

Part-nationalised Royal Bank of Scotland and Lloyds were among 12 British financial institutions Moody's has downgraded.

International Markets

Wall St rises on hopes of EU bank plan

Oct 06 2011 08:00

US stocks have surged for a second day on signs that Europe was preparing a plan to contain the Greek crisis and protect the region's banks from the effects of a debt default.

Economy

Merkel tells Europe to prop up banks

Oct 06 2011 07:49

Germany has called on its EU partners to recapitalise the banking sector to help prevent the eurozone debt crisis spreading.

Company Snapshot

For detailed Unit Trust information, click here.
It pays to know the cost and what you’re getting in return
May 28 2012 09:33

Investors may not have a clue what they’re paying their money managers or they type of service they’re getting, or, whether they can actually negotiate lower fees. (Reuters)

Sasha

"In the short term this is true, Greece will dominate the headlines on a day to day basis, until their next elections when there would be some clarity to answer the question, "What next for Greece?" Amazingly everyone except the politicians seem to be lining themselves up for worst case scenario, b... Read their blog...

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Podcasts
The Sishen saga

Legal expert Peter Leon on the increasingly complex legal wrangle over the Sishen Iron Ore mine. Time: 8:17 Listen Here...

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Finweek

Under pressure

Aug 04 2011 00:00

There are more than a few investors who have long regarded platinum as the “default option” when it comes to investing in South African mining stock. We’d beg to differ. More...

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