Q&A: Absa’s focus turns to middle tier and smaller retail space

Bank’s deputy chief executive Bongiwe Gangeni says winning transactional banking accounts is next phase of strategy to compete for market share

PSG Konsult’s wealth and insurance units outshine lacklustre asset management

Units offset decline in profit from asset management, which paid the price for not holding index giant Naspers

PODCAST | How Absa uses cloud computing to improve its business and operations

Chief technology officer Andrew Baker discusses how the bank is embracing technology

Next-generation financial services are driving global financial inclusion

SPONSORED | More than 86% of money transfers generated on the Mukuru platform are self-service initiated transactions

African Bank names Kennedy Bungane as its new CEO

Former Standard and Absa banker inherits a company in the midst of a strategic growth push

Wells Fargo earnings jump as turnaround effort shows progress

CEO Charlie Scharf says first-quarter results reflect stronger US economy and ongoing focused streamlining of operations

Goldman Sachs surges on trading and investment boom

US investment banking giant more than doubles its  revenue  in the first quarter

JPMorgan quarterly profit soars to record

Largest US bank by assets releases $5.2bn in loan-loss reserves,  adding to windfall

PPS chief does not expect third Covid-19 wave to exceed second

Though infections could still increase, it won’t be worse than before, says CEO Izak Smit

WATCH: How Capitec doubled its dividend

Capitec CEO Gerrie Fourie talks to Business Day TV about the bank’s future prospects as it deals with the fallout from the Covid-19 pandemic

Economy is getting there but not yet, says Capitec boss

Gerrie Fourie is encouraged by green shoots but not persuaded to open the lending taps just yet

Harith launches R2.9bn top-up fund to double down on infrastructure assets

Harith manages the Pan African Infrastructure Development Funds, which invest in infrastructure assets in SA and across Africa

Capitec resumes dividends as Covid-19 gives digital banking a push

Bank declares 1,600c final dividend after digital transactions jump more than a third

Investment banking fees drop to the lowest level in seven years

Costs of M&A advice, equity issuance and syndicated lending are all lower

Sygnia launches new exchange-traded fund

The Sygnia Itrix S&P Global 1200 ESG ETF fund has a 100% strategic allocation to global equities

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