Sberbank’s $8bn payout boosts Kremlin coffers

Russia’s largest state-owned lender shakes off sanctions

WATCH: Fintech firm Paymentology expects profits in 2024

Business Day TV spoke to technology correspondent for Business Day Mudiwa Gavaza

Surge in share price and profit helps Capitec CEO to R65m payday

The group’ headline earnings grew 16% from R9.2bn to R10.6bn, with a ROE of 26%

BlackRock backs SA’s working-age population to give it an edge

Demographic gives competitive advantage over fellow G20 members grappling with shrinking populations

Nedbank clamps down on rogue employees and clients

Group cuts ties with nearly 200 customers over ‘reputational risk’ concerns

WATCH: PSG Financial Services posts double-digit earnings

Business Day TV speaks to Mike Smith, CFO of PSG Financial Services

Cash and offshore are king to PSG as it weathers storm

Investment and insurance holding company reports double-digit growth

Alexforbes launches foray into R500bn discretionary fund management market

CEO Dawie de Villiers says DFMs have gained prominence, managing about R500bn in investments over the past decade

Morgan Stanley says dollar likely to remain top global currency

Greenback’s global influence remains strong despite rise of China’s yuan

Old Mutual flags possible client exits after policy changes

Financial services group revises insurance policies in response to load-shedding and climate change

Investment bankers lose jobs as Asian deals slow

Morgan Stanley and HSBC join the downsizing trend as markets in China remain sluggish