Absa saying it closed the fund because clients didn’t understand its risks doesn’t add up, considering 30% of assets are from retail investors
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Bank plans to sever ties with the company indirectly controlled by Iqbal Survé with effect from May 3
In her first big shake-up amid stellar quarterly results Jane Fraser unveils plans to exit consumer businesses in some Asian and EMEA markets to focus on ...
Bank’s deputy chief executive Bongiwe Gangeni says winning transactional banking accounts is next phase of strategy to compete for market share
Units offset decline in profit from asset management, which paid the price for not holding index giant Naspers
Chief technology officer Andrew Baker discusses how the bank is embracing technology
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Former Standard and Absa banker inherits a company in the midst of a strategic growth push
CEO Charlie Scharf says first-quarter results reflect stronger US economy and ongoing focused streamlining of operations
US investment banking giant more than doubles its revenue in the first quarter
Largest US bank by assets releases $5.2bn in loan-loss reserves, adding to windfall
Though infections could still increase, it won’t be worse than before, says CEO Izak Smit
Celebrating the South African Reserve Bank’s 100-year history
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
Gerrie Fourie is encouraged by green shoots but not persuaded to open the lending taps just yet
Harith manages the Pan African Infrastructure Development Funds, which invest in infrastructure assets in SA and across Africa
Bank declares 1,600c final dividend after digital transactions jump more than a third
Costs of M&A advice, equity issuance and syndicated lending are all lower
The Sygnia Itrix S&P Global 1200 ESG ETF fund has a 100% strategic allocation to global equities
