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Financial Services

FNB apologises for technical issues, says services have been restored

Dec 01 2017 19:06

First National Bank on Friday afternoon apologised to South Africans for "technical issues" that impacted access to its banking services.

Financial Services

A November to remember for SA's resilient bank stocks

Dec 01 2017 07:51

Instead of buckling under an increasingly negative outlook for 2018, bank stocks have reacted by recording their best month of gains since March last year.

Financial Services

Fixing the banking sector one loose bolt at a time

Dec 10 2017 06:00

Andile Ramavhunga is anything but a typical banker. He looks, walks and dresses nothing like a corporate honcho who runs one of the fastest-growing mutual banks in the country.

Financial Services

Ramos hits back after Public Protector guns for ABSA

Nov 28 2017 11:31

ABSA CEO Maria Ramos says the bank will seek a punitive cost order if Public Protector Busisiwe Mkhwebane continues to defend the Bankorp/CIEX report.

Investments

Opportunities in financial synergies between SA and Guernsey

Nov 27 2017 17:28

Synergies already existing between SA and Guernsey's financial sector could be enhanced even more, according to the Guernsey Investment Fund Association.

Financial Services

#GuptaLeaks: KPMG missed more money laundering red flags

Nov 27 2017 06:00

The #GuptaLeaks reveal more KPMG-audited transactions in which the Guptas appear to have laundered money into SA and much of this was purloined from the government.

Financial Services

Mkhwebane is gunning for Absa

Nov 26 2017 06:00

Public Protector Busisiwe Mkhwebane insists that Absa benefited from the bailout of Bankorp in the 1980s, and that the 2002 expert panel led by Judge Dennis Davis simply got it wrong.

Financial Services

Oakbay cries foul on IDC's legal action

Nov 24 2017 19:34

Oakbay, which faces legal action from the IDC over its failure to pay back R293m owed to the state-owned entity, has called the IDC's actions “spurious and malicious”.

Financial Services

Bidvest Financial Services adds FinGlobal to trolly in buying spree

Nov 21 2017 11:11

Bidvest Group’s financial services unit has agreed to buy majority shareholding in FinGlobal, a provider of financial services to South Africans living abroad, as part of an acquisition drive to diversify its business.

Inside Fin24.com

 
Financial Services

Cooperative banks ease access to capital

Nov 19 2017 10:41

Two such institutions have been established in SA with the aim of disrupting the untransformed banking sector and assisting black entrepreneurs.

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