PODCAST | Standard Bank’s take on digital banking investment

Host Mudiwa Gavaza is joined by Khomotso Molabe, group CIO for personal and private banking

Goldman shareholders approve $160m executive bonuses despite opposition

Proxy adviser Glass Lewis opposed hefty retention bonuses for CEO David Solomon and president John Waldron

Cantor to work with SoftBank, Tether in $3.6bn crypto venture

Companies to buy bitcoin, underscoring rising institutional adoption of the once-nascent asset class

Capitec reports strong annual results as new business bank gains traction

SPONSORED | Headline earnings grow 30% to R13.7bn as diversification unlocks value

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Capitec CEO’s pay tops R100m as profit and share price surge

The bank says only its interns and graduates earn less than R180,000 a year

Quilter cautious about market outlook despite strong first quarter

The group warns that the outlook for interest rates is uncertain due to volatile markets

Buoyant Capitec targets new loan products and business banking

SA’s biggest lender by customers reports record annual profit and adds about 2-million clients

Banks and insurers opt for living wage over minimum wage

According to pay data made public, some companies pay significantly more than the legislated minimum wage

African Bank fined R700,000 for misleading clients

FSCA says advert implied product on offer was an investment when, in fact, it was a credit facility

UniCredit queries Italy’s conditions for Banco BPM bid

Country’s second-biggest bank says it needs answers from the government to its concerns before any further moves

Capitec SME banking foray rattles rivals

Nedbank says SME lending has emerged as next battleground among country’s lenders

Mobile money surpasses 2-billion accounts, doubling in five years

Data highlights mobile money’s role as a powerful catalyst for economic development

Nedbank opts for ‘competitive’ retirement age

Group CEO in line for multimillion-rand payday for money he forfeited by leaving Absa to join Nedbank

PSG boss urges end to ‘political football’

CEO comments on budget impasse after financial services group reports 24.7% increase in earnings for year to end-February