Banks face hefty fees from Twin Peaks

Consumers would absorb cost of levies, says DA as banks face hefty fees in Twin Peaks financial regulation bill

Banks the main recipients of tax-free savings

Banks have a huge advantage with extensive client base from which to mine for tax-free accounts, Intellidex says

Competition watchdog excels at keeping business on leash

Most top companies in SA now take the competition authorities seriously

How skills development can transform the finance field

Transformation is a ‘key strategic pillar’ of black empowerment-focused Financial Services Intermediaries Network

JPMorgan earns $26.5bn in profit in 12 months, the most ever by any US bank

With a quarterly rise of 13%, JPMorgan proves Wall Street bank profits don’t depend on traders

Listings rules for issuers of debt ‘need to be tightened’

Futuregrowth Asset Management says the JSE needs to do more to tighten up listings rules for issuers of debt

Absa takes Busisiwe Mkhwebane’s directive on Bankorp to the high court

The Treasury is joining Absa in seeking to have the public protector’s report set aside, and Malusi Gigaba has said she disregarded evidence pertaining ...

Banks taking risks in lean market

Borrower-friendly deals have surged and liquidity from quantitative easing has fuelled deal making, but the taps are about to close

Sygnia targets UK platform

CEO says the company plans to acquire a business to sell its index-tracking products and offer robo advice

Petratouch raises Capitec stake to 7.27%

Consortium becomes bank’s largest empowerment shareholder, with analysts mixed on how far it can run

Vunani upbeat on private equity unit

Private equity segment was one of the star performers for black-owned financial services and investment company

Barclays Kenya ready to buy as regulators urge the industry to consolidate

Kenya has 42 lenders, more per person than SA and Nigeria, but centralising government deposits would create a ‘super bank’ causing liquidity ...

JSE to retrench staff as it tightens its belt

A two-year cost-cutting programme could include to the retrenchment of up to 14% of its staff, as well as reducing IT costs

Absa gets interdict to stop BLF harassing customers and staff

The bank says it approached Black First Land First to ask it to carry out its protests lawfully, but received no response

Malema calls on banks to venture beyond charity

Malema says the private sector spends money on shoes and iPads, but not on accommodation or school fees

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Investors Monthly is a magazine published by Times Media, Media Division included in the Financial Mail on the last Thursday of the month.