If all 17 institutions are penalised, the country’s R140‑billion budget deficit could be wiped out in one fell swoop.
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 is the first lender to publicly disclose reasons for severing links with Oakbay Investments, a company controlled by the Gupta brothers
The ‘big four’ are faring well in tough times yet their shares remain cheap, confounding analysts.
With fake credit cards, fraudsters made 14 000 transactions totalling R300-million from 1 400 ATMs in just three hours.
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.
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.
Lucky Vusi Dube is linked to bank robberies, in large part, across Johannesburg in 2014.
The prominent economist came under flak earlier this year after posting a tweet that many on social media deemed racist.
The big four banks have managed to grow earnings impressively, but enormous challenges remain as SA’s economic outlook continues to deteriorate.
After an outcry over suspended Standard Bank economist and strategist Chris Hart’s qualifications on Twitter, Wits has listed his qualifications.
The Reserve Bank hasn’t found any untoward activity in a review of foreign exchange trading, but the Competition Commission is investigating.
Standard Bank, Goldman Sachs, HSBC and BASF Metals are the four companies accused of manipulating the price of platinum.
Moody’s ratings downgrade of South Africa’s four big banks cast the rescue of African Bank in a very different light.
Experts say falling liquidity raises the risk that it will be more difficult to sell the bonds in the event of any deterioration in sentiment.
Standard Bank say nine more poorly performing assets could be put up for sale by Anglo as it prepares to report its first-half earnings.
BNP Paribas has begun to negotiate the purchase of RCS Investment Holdings, a consumer credit provider owned by Standard Bank and Foschini.
Growth in unsecured lending and a repricing of mortgages helped boost Standard Bank’s interest income.
The currency has rebounded in anticipation of inflation data and higher than expected numbers could spell an end to the rand’s weakness.
The UK’s Standard Bank has been fined $12.6-million by the Financial Conduct Authority for failing to implement adequate anti-laundering controls.
The former president of China’s biggest bank, Yang Kaisheng, has been appointed as Standard Bank Group’s new deputy chairperson.
Standard Bank is selling over R1-billion of Discovery shares for an unnamed client.
Shortages in the market could see tin continue to perform better than any other base metal on the market.
A private equity fund started by the great grandson of American brewing company Coors will be opening in Johannesburg and investing in Africa.
From the outside, Standard Bank’s new building exemplifies the worst that architecture has to offer, but the inside is another story.
We went on a walkabout of Standard Bank’s new Jo’burg office to answer that question and bumped into featured artist Marco Cianfanelli.
Capitec Bank is still the cheapest bank in the country, according to a comparative study by trade union Solidarity’s Research Institute.
The bank’s stock fell 1% to R114.6 in early morning trading following the release of its results.
Investec bank has loaned about R240-million rand to First Strut, the Johannesburg based company that is in liquidation.
Survey shows that the rise in the sub-Saharan emerging market may have caught some napping.
South Africa’s banking and cellphone giants are in a battle to reach the 11-million people in the country with no bank accounts.
The new co-heads of Standard Bank has promised to sharpen the African focus following chief executive Jacko Maree’s resignation announcement.