Liberty Holdings hit by cyber attack

Liberty says it is investigating the breach and has taken steps to secure its computer systems.

Absa management on the chopping block

Barclays Africa is in talks with executives about a plan to cut top management jobs at the Absa retail and business bank in SA to 12 from 27

Women’s co-op aims to shake up dominance of SA’s biggest banks

Young Women in Business Network Cooperative Financial Institution will target informal traders and black business owners

Comparison of retirement fund costs – challenges faced by decision-makers

SPONSORED | New standardised disclosure measures will expose hidden costs and fees in retirement fund products

SPONSORED
Why is the value of insurance so poorly understood and often maligned?

SPONSORED | Santam's series of panel discussions aims to spearhead conversation about the emerging risks the insurance industry is facing

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Peregrine, SA's biggest stockbroker, could soon be black-owned

The nearly R1bn deal could be a big step forward for transformation in financial services

Synthesis tries out vetting by AI

Capitec bank has said in the past it would consider adopting some of the online lender’s credit-scoring tools

VEB issues Deloitte with writ summons

VEB hopes to establish whether Deloitte had a reasonable basis for issuing an unqualified auditor’s report on the 2016 financial statements

Strong rand takes shine off Peregrine earnings

The specialist financial services group increased its dividend by 10%, and hopes for further increases after the sale of its share in the Peregrine Securities ...

PwC fined £10m for collapse of retailer BHS, but will pay only £6.5m

The audit firm’s Leeds practice will also have the UK’s Financial Reporting Council breathing down its neck for the next three years

VEB takes Deloitte to court over Steinhoff

The Dutch Investors’ Association issues summons for breach of obligations in relation to losses suffered by shareholders

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Allianz sets sights on acquisitions as deal-hungry CEO hunts for growth

Targets of Europe’s largest insurer range from Zurich Insurance Group and RSA Insurance Group to Hartford Financial Services Group and assets in China

Citigroup backs key Deutsche Bank Qatari shareholder

Bank of America drops out to pare its risks after incurring about $300m in losses tied to the collapse of Steinhoff International

New broom is cleaning up at Alexander Forbes

Analyst are impressed by CEO Andrew Darfoor’s strategy to turn around pensions administrator

Britain watchdog fines KPMG £3.2m for failures in Quindell audit

The accountancy firm fine for failing to ensure that scandal-hit insurance claims processor Quindell’s statements were correct comes as global audit ...

Alexander Forbes pays bigger dividend

Profits were cast in an unflattering light by the previous year’s asset sales, while results across its four newly restructured divisions were mixed

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