Discovery keeps sights set past Covid-19 despite dip in first-half profit

Group suffers R362m in forex losses as currency hedging measures run afoul of a volatile rand

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KPMG sued for R863m over VBS debacle

The sum is the amount unlawfully withdrawn or transferred between September 2017 and March 2018

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Wells Fargo sells its asset management arm

GTCR and Reverence Capital Partners have agreed to buy Wells Fargo Asset Management for $2.1bn

Lamna offers fast money for your Aston Martin

High net worth individuals are putting up their used Louis Vuitton handbags as collateral to access cash in as little as 12 hours

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TymeBank to break into Asian market in ambitious expansion drive

The Philippines’s JG Summit Holdings conglomerate and UK private equity outfit Apis Partners take stakes in Tyme Global

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Low-hanging fruit: active versus passive

It’s not just low returns that has retail clients questioning active asset managers – it’s costs

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Banks get go-ahead to resume dividends

Deputy governor warns banks to tread carefully

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Forus calls on smart capital to deliver on Sona economic plan

SPONSORED | Forus listed the ​FDX token on the Forus Digital Exchange on February 1 2021, and is inviting investment

SPONSORED
Sygnia aims to raise its passive profile with raft of new funds

Advocate of low-cost passive investing plans to push passive portion of funds to 50%

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HSBC mulls sending senior executives back to Hong Kong roots

CEO Noel Quinn will begin marketing what is known internally as the ‘pivot to Asia’

Absa braces for more than R8bn full-year hit from Covid

Banking group warns that headline earnings per share are expected to fall as much as 60% in the year to end-December 2020

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Credit Suisse reports fourth-quarter loss on legal and impairment charges

Investment bank plans to raise  lending volumes and capitalise on a boom in share listings to overcome pandemic fallout

Q&A: Investec is well positioned to focus on opportunities and growth

CFO Nishlan Samujh says the specialist bank and wealth manager is ready to move onto the front foot after a period of consolidation

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Barclays announces share buyback and dividends but outlook remains uncertain

Pandemic continues to hurt the bank’s lending businesses, an impact Barclays said was likely to endure in 2021

Conduit Capital praises turnaround strategy

The investment firm says the new management team at Constantia Insurance is delivering results

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Coronation goes overweight on SA equities as it pins hopes on miners

Listed asset manager expects move to green energy to spur demand for commodities such as copper

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