Standard Bank extends PayShap to corporate clients

Platform gives businesses the ability to receive and payout money instantly

Shareholders question JSE’s ‘team big business’ board

Bourse’s top brass fend off tough questions on exodus of companies listed on exchange

Thebe Investment speaks on Shell exit

Arbitration under way in dispute over how Thebe's shares should be valued, says investment company

UK pension body says changes to LSE listing rules are not on

LAPFF is ‘very concerned’ about task force's efforts to make the UK more competitive

UBS shares soar as profit smashes forecasts

Switzerland’s biggest bank plans to repurchase up to $1bn  in shares this year

Spanish bank Sabadell rejects €12bn BBVA merger proposal

The board says rival BBVA’s proposal undervalues its growth path

Sabadell ‘in talks about all-share offer’ from larger bank BBVA

The Spanish banks had called off previous merger talks in  2020 as they could not agree on terms

Investors mainly confident about Berkshire without Buffett

The Oracle of Omaha’s fame and wisdom have always been a big drawcard of the annual meeting

BNP Paribas puts an end to banking venture in SA

Eurozone’s biggest bank winds down services 12 years after entering domestic industry

Fifth Norway fund manager backs CEO, chair to stay on board

Seventh biggest shareholder also supports bank’s proposed bonus policy change for material risk takers

Morgan Stanley and Frasers settle lawsuit over $1bn margin call

The margin call came two months after the collapse of family office Archegos Capital, in which Morgan Stanley lost $911m

Home loans of R100bn on verge of distress in high interest rate crunch

Standard Bank becomes second lender after Capitec to flag a rise in customers going into debt review

Standard Bank sees a surge in customers opting to transact online

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China International Capital slashes brokers’ pay

The salary cuts will affect more than 2,000 bankers, and come after an investment bank trimmed bonuses up to 40%