Court dismisses racism claims against FNB
The North Gauteng High Court has ruled in favour of First National Bank after claims of racism from bond recalculator Emerald van Zyl.
The North Gauteng High Court has ruled in favour of First National Bank after claims of racism from bond recalculator Emerald van Zyl.
Michael Jordaan resigned soon after an ad campaign by the bank led to a public falling out with the ANC.
Shareholders of Finance Bank are contesting the legality of FNB's doomed acquisition in 2011.
For democracy to succeed, we need more, not less, dialogue, particularly among the youth, says Pumla Gobodo-Madikizela.
As the storm over the disastrous FNB ad campaign blows over, it's important to examine its implications for SA as a budding democratic society.
The inclusion on a US terrorism watchlist has frozen South African charity Al Aqsa's bank accounts.
FNB took out full-page advertisements in four national newspapers on Sunday in the aftermath of the ANC's criticism of its "You Can Help" campaign.
FNB has been celebrated for their latest ad campaign but, as Verashni Pillay points out, they have their own sins to deal with.
First National Bank's adverts calling for change in SA has been slammed by the ANC, with its youth league saying the campaign bordered on treason.
After 1994, South Africa's biggest banks bent over backwards to accommodate Jacob Zuma, who regularly splurged on credit.
The country's most extravagant presidency has overseen millions spent on an estate without a formal lease, writes Phillip de Wet.
Without Vivian Reddy's provision of surety, FNB would not have granted a loan for President Jacob Zuma's Nkandla property.
Nickolaus Bauer, Phillip De Wet
Court documents show that President Jacob Zuma received a (relatively small) home loan from First National Bank. But the bank says that is impossible.
The head of First National Bank Islamic Finance, Ebi Patel, will retire at the end of July after 29 years of service at the bank.
In a judgment on the advertising war between FNB and Standard Bank, the Advertising Standards Authority has found both guilty of lying to customers.
The FNB Estate Agent Survey has found that a growing number of first time buyers have become a more significant source of residential demand in 2011.
Good figures from last year suggest that 2012 is likely to be even better.
Although the scene is set for a flat residential property market next year, rentals may well be more lucrative.
After an increase of 8% in bank charges in 2011, Absa remains the most expensive commercial bank in SA, with Capitec the cheapest, says Solidarity.
The main obstacle to moving accounts is the inconvenience, writes Teigue Payne.