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.
Standard Bank has said it would cut up to 15% of its staff in London to save $100-million, as the bank scales back operations outside Africa.
Former estate agent Wendy Machanik has been fined R1.5-million after pleading guilty to 90 counts of theft, according to a newspaper report.
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 head of Standard Bank’s Angolan unit is targeting explosive growth in the country by quadrupling its branch network there by the end of the year.
Standard Bank says it will reduce its stake in Turkish venture Standard Unlu, the latest move by the lender to scale back non-African operations.
Standard Bank has announced a new fee structure, promising customers could save up to 50% or more on banking fees.
Banks have expanded and are entering the highly profitable market of credit with care, or so they claim.
Michael Tellinger has promised he will shake the banking industry’s foundations and expose it as "manipulative, dishonest and law-breaking".
South Africa’s R3.2-trillion infrastructure stimulus could come at a hefty price after Moody’s credit rating agency downgraded the big five banks.
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/ 21 January 2012
Zambia’s Drug Enforcement Commission has seized bank accounts for Zamtel, which is 75%-owned by LAP Green of Libya, as part of a probe into its sale.
Standard Bank’s foreign shareholder, the Industrial and Commercial Bank of China, has 107-million individual internet banking customers.