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/ 29 November 2010
Doubts were raised about whether the Europe-wide "stress tests" of more than 90 banks published in July had been thorough enough.
African National Congress Youth League spokesperson Floyd Shivambu called for the creation of a state bank on Thursday.
The government has signalled a new relationship with the country’s major banks.
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/ 6 November 2009
Shoprite on Friday took issue with banks over "intermittent system failures in the country’s national electronic payment system [EPS]".
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/ 14 October 2009
Banks are offering zero-deposit mortgages again, but only if you are a “good” customer. Maya Fisher-French looks at how to ensure that you qualify.
The financial crisis has highlighted the importance of quality bank training for staff and all levels of management.The crisis is a major wake-up call
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/ 20 October 2008
The effect of the financial crisis on major economies was brought into focus on Monday, though markets rallied at the start of the week’s trading.
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/ 17 October 2008
Fallout from the global financial crisis grew in the real economy on Friday with job losses and a backlash against banking chiefs.
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/ 16 October 2008
Global stock markets traded mixed on Thursday amid recession fears as Wall Street rose and Europe fell for a second day running.
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/ 14 October 2008
The United States pledged on Tuesday to pump -billion into its banks, following similar action in Europe, though a threat of recession remained.
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/ 14 October 2008
Retail banks continue to feel the strain of burdened consumers, the latest Ernst & Young bank index released on Tuesday indicates.
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/ 13 October 2008
Britain bailed out three major banks with £37-billion on Monday as governments around Europe boosted confidence in the battered industry.
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/ 13 October 2008
Fifteen European leaders closed in Sunday on a joint strategy to end the haemorrhaging of market confidence.
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/ 12 October 2008
Major British banks are likely to announce their plans to recapitalise early on Monday.
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/ 12 October 2008
A lethal new threat is emerging at the dark heart of the financial system, writes Will Hutton.
Bold, comprehensive and at times surprising, the UK’s bail-out plan for partial nationalisation is just what the system needed, writes Will Hutton.
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/ 11 October 2008
The US government plans to invest directly in US banks for the first time since the Great Depression, says Treasury Secretary Henry Paulson.
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/ 10 October 2008
Global finance chiefs gathered in Washington for crisis talks on Friday as panic spread in global financial markets.
Iceland seized control of its biggest bank on Thursday to try to shore up its listing financial system, and halted all trade on its stock market.
Governments rushed out new emergency measures in a desperate bid to stop the haemmorhaging of confidence on Thursday.
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/ 19 September 2008
Global stock markets roared higher on Friday on news of a possible United States government plan to rescue banks from toxic mortgage debt.
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/ 18 September 2008
South African banks have little direct exposure to the United States mortgage-backed securities market, says Reserve Bank Governor Tito Mboweni.
Standard Bank achieved what it called ”satisfactory” results in the first half of 2008, it said on Wednesday.
The planned closure of Nedbank’s Go Banking is a "missed opportunity" for consumers, says <i>Justmoney.co.za</i>.
Nedbank Group has reported a 6,8% increase in diluted headline earnings per share from 673 cents to 719 cents for the six months ended June.
Banks are sabotaging the over broad-based black economic empowerment standards, the charter council says.
People with irregular incomes can now access an inexpensive debit card for a one-off fee of just R30 and no ongoing management fees.
A gang of eight armed men robbed a Nedbank branch in Pretoria on Thursday, police said, after which followed a high-speed car chase.
The effects of higher interest rates and inflation cannot be underestimated, writes Maya Fisher-French.
Though banks are required to refund customers who booked Nationwide tickets using their credit cards or debit cards, this has not always happened.
SA banks have not been discouraged by the ongoing spate of bombings of ATMs and will continue to provide financial services in remote areas.
Debt: Combined with higher fuel and food prices, middle-income earners have hit a wall — and further interest rate hikes have not been ruled out.