Latest articles on Standard Bank

Banks seek settlement — and also challenge collusion claims

"Earlier this year, the commission brought a case against 17 major local and international financial institutions for collusion"

Advocate in Gordhan-Gupta proceedings: The Guptas are ‘like Alice in Wonderland’

Finance Minister Pravin Gordhan is seeking a declatory order on the extent of his power to intervene in a bank-client relationship

Editorial: Real people win if cartels are cracked

Beyond the language of price-fixing and collusion, this type of behaviour by bankers amounts to taking food off the tables of South Africans.

Banks bust: ‘Price-rigging’ fine would be enough to wipe out SA’s budget deficit

If all 17 institutions are penalised, the country’s R140‑billion budget deficit could be wiped out in one fell swoop.

Standard Bank seeks to stop Zuma from intervening in Gupta Case

The bank asked the High Court to prevent the president from intervening in its decision to close accounts of companies linked to the Gupta family.

FirstRand closed Gupta accounts due to money-laundering fears

FirstRand is the first lender to publicly disclose reasons for severing links with Oakbay Investments, a company controlled by the Gupta brothers

Investors shun banks’ good news

The ‘big four’ are faring well in tough times yet their shares remain cheap, confounding analysts.

Standard Bank scam: R300-million ATM heist ups the ante

With fake credit cards, fraudsters made 14 000 transactions totalling R300-million from 1 400 ATMs in just three hours.

Mantashe unhappy with banks’ decision against Guptas

Mantashe stressed that the Reserve Bank must answer for the closure of the family's accounts - despite its insistence that it would not get involved.

What do the Guptas’ employees say?

The Mail & Guardian spoke to some of the protesters who marched on three of SA's biggest banks and asked them what they thought of the Guptas.

SA’s most wanted bank robber arrested

Lucky Vusi Dube is linked to bank robberies, in large part, across Johannesburg in 2014.

Standard Bank’s Chris Hart resigns

The prominent economist came under flak earlier this year after posting a tweet that many on social media deemed racist.

South African banks shrug off economic storm

The big four banks have managed to grow earnings impressively, but enormous challenges remain as SA's economic outlook continues to deteriorate.

Wits responds to queries about Chris Hart’s qualifications

After an outcry over suspended Standard Bank economist and strategist Chris Hart's qualifications on Twitter, Wits has listed his qualifications.

Forex probe may stem from whistle blower or ‘confession’

The Reserve Bank hasn't found any untoward activity in a review of foreign exchange trading, but the Competition Commission is investigating.

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Finance probe into the Ingonyama Trust Board goes ahead

The threat of legal action from ITB chairperson Jerome Ngwenya fails to halt forensic audit ordered by the land reform minister

Fake trafficking news targets migrants

Exaggerated reports on social media of human trafficking syndicates snatching people in broad daylight legitimate xenophobia while deflecting from the real problems in society

Female cops sent for rape counselling

Brigadier Sifiso Cele denies the rape allegations, saying that they are part of a smear campaign and that criminal charges should have been opened if the accusations were true

Press Releases

Corporates: A force for good for a sustainable future

In order to see people and nature thrive what is required is a strong focus on partnerships – we cannot act alone anymore

Combatting wildlife crime in Southern Africa activity annual programme statement (APS) No. 04

Concept papers are sought for implementating activities, for a multi-faceted programme that aims to reduce poaching and illegal trade in wildlife

The financial decisions made during your life journey, and their impact on your retirement outcome

The longer you save towards retirement the larger your retirement savings are expected to be due to the effect of compounding interest

In conversation with SA Reserve Bank Governer, Lesetja Kganyago

'Make interest rates zero and inflation goes up and then people save less – we need savings to fund investment in this country'

Secure your business from cyber threats

Many business-grade security systems now have built-in learning systems and AI to help businesses stay up to date with protection

Mental Health

During the pandemic there's been a dramatic increase in depression, anxiety and suicides, according to some of the surveys done

Expert financial advice still recommended – especially in uncertain times

A financial advisor is an expert who will help you to protect your wealth and make a realistic plan when unexpected events threaten your wellbeing

What is a virtual card, and how does it work?

A virtual card lets you pay online without ever having to take your card from your wallet or exposing your actual account information

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