Standard Bank writes down ICBCS stake by R2.4bn as market conditions worsen

The bank has written down its stake in its joint venture with the Industrial and Commercial Bank of China by 42.5% due to poor market conditions

Bain denies it is not telling all regarding crippling of Sars

Former partner Athol Williams recently resigned citing a lack of disclosure on firm’s role in bringing Sars to its knees

Wirecard hires KPMG for independent audit

Reports say finance staff sought to inflate profits and revenue at its businesses in Dubai and Ireland

Insider trading cases are hitting Goldman Sachs where it hurts most — its reputation

The arrest of Bryan Cohen on Friday is the third scandal in 18 months for the bank, which cannot afford to be seen as anything but ethically above reproach

Optimistic leaders are what the world needs, says Sanlam Investments

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NEWS ANALYSIS: Can business make SA great again?

Executives unanimously agree that those who control the purses in big companies can

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US business yanks Finbond profits

The outlook for the SA operations is more positive for the second half of the year

Windfall likely to help PSG reduce debt and spread its wings

Investment group is anticipating a special dividend of up to R2bn from agribusiness subsidiary Zeder

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Morgan Stanley astounds doubtful analysts with huge revenue growth

Analysts had predicted a tough quarter because of volatility in fixed-income markets, continued geopolitical tension and trade disputes

There’s never been a better time to invest in a better world, says Sanlam Investments

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Absa appointed joint bookrunner in Africa’s first US dollar corporate social bond

SPONSORED | Bayport social bond is the first to be raised by a corporate in Africa

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Public resignation of partner hits troubled Bain

The man hired to help clean up the company’s image has resigned, saying the US firm has not disclosed its full role in bringing Sars to its knees

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Navigating Africa’s banking, trading and foreign exchange landscape

SPONSORED | Local partnerships are important for currency hedging in Africa

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CFA Society South Africa offers locally approved content to investment industry professionals

CFA Society South Africa is an accredited continuous professional development provider

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Moyo wants to see Old Mutual directors jailed

Axed CEO says insurer’s board members are in contempt of court and cannot plead ignorance of the fact

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Bank of America posts biggest jump in fees on Wall Street

The 27% increase in fees shows progress by new corporate and investment-banking chief Matthew Koder

Published by Tiso Blackstar and distributed with the Financial Mail on the last Thursday of every month except December and January.