Firstrand Bank
latest news & developmentsSwings and roundabouts for jobs in banks
Although one independent evaluation shows that some banks have been shedding jobs, other banks are hiring
Retail focus for banking’s phoenix
The African Bank, which relied on unsecured lending, has diversified its product offerings
Uber drivers lament ‘exploitative’ WesBank deal
A programme to help Uber drivers obtain vehicles has proven exorbitantly expensive — and drivers still won’t own their cars in the end
FirstRand eyes Nigeria’s Mainstreet, Keystone banks
FirstRand bank has shown interest in buying three banks from Nigeria’s Asset Management, including Mainstreet and Keystone.
Investec loaned R240-million to company in liquidation
Investec bank has loaned about R240-million rand to First Strut, the Johannesburg based company that is in liquidation.
Vodacom in process of structuring R7,5bn BEE deal
South African mobile telecommunications group Vodacom and its shareholders, together with Rand Merchant Bank, a division of FirstRand Bank, are currently in the process of…
Judgement on noseweek decision handed down
Publication of the fact that a person is a client of a specific bank does not infringe privacy rights, according to Cape Deputy Judge President Jeanette Traverso. She made the…
FirstRand loses court bid to gag noseweek
FirstRand Bank has lost a court bid to prevent noseweek magazine publishing the names of clients involved in allegedly shady offshore tax dodging schemes. Cape High Court Deputy…
FirstRand and noseweek battle it out in court
The legality of a FirstRand Bank offshore tax scheme came under scrutiny in the Cape High Court on Wednesday when the bank sought an urgent interdict to stop noseweek magazine…
Ramos resolves to win freight back from the roads
Having for the first time in a decade halted the draining away of freight transportation from the railways to the roads, Maria Ramos, the chief executive of Transnet, is aiming…