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General Banking News

 

General Banking News / 07-07-22 / James George

There's only one shade of grey - FATF deadline edges closer

With the threat (and possible reality) of grey listing for South Africa not that far away, James George, Compliance Manager of Compli-Serve SA shares his views below on what this could mean, particularly for financial services.

General Banking News / 30-06-22 / Tau kaVodloza

Absa strengthens executive team, refines operating model

“We are reconfiguring Group Exco to create an organisation that is closer to customers, shows superior commercial performance and is fuelled by functional excellence,” said Arrie Rautenbach, Absa Group Chief Executive Officer.

General Banking News / 02-06-22 / Staff Writer

The rise and fall of UST and need to regulate crypto space

Calls for more regulation in the crypto markets are likely to increase following the crash in May 2022, says Lucinde Rhoodie and Kara Meiring, from the Dispute Resolution practice at commercial law firm, Cliffe Dekker Hofmeyr.

General Banking News / 24-05-22 / Staff Writer

Tyme Group announces leadership changes

We believe the time is right to redeploy key executives into positions that will let the group take advantage of opportunities that are opening up in new territories, says TymeBank Chairman, Thabani Jali.

General Banking News / 13-04-22 / Staff Writer

PSG Konsult annual results up 32% per share

According to CEO Francois Gouws, the group’s robust performance is the result of its core business strengths and its winning strategy that has paid off repeatedly for shareholders, despite ongoing industry challenges and the Covid-19 pandemic.

General Banking News / 29-03-22 / Tau kaVodloza

Absa Group appoints Arrie Rautenbach as Chief Executive Officer

Arrie Rautenbach, who is currently Chief Executive of the Group’s retail and business banking (RBB) unit, is the first internally appointed CEO since 2006, says Absa Group.

General Banking News / 24-03-22 / Staff Writer

Nedbank Group to list on A2X

Our listing on A2X complements our existing listings on the JSE and the NSX by giving investors the option to trade on their stock exchange of choice and potentially save costs when trading in Nedbank shares, says Nedbank CFO Mike Davis.

General Banking News / 14-03-22 / Tau kaVodloza

Absa 2021: Earnings increase on lower impairments, Higher pre-provision profit

This is a strong set of results which reflect the benefit of, not only the improved operating environment in 2021, but also the deliberate actions that we have taken to ensure that Absa remains resilient and poised to resume our growth plans…

General Banking News / 09-03-22 / Tau kaVodloza

Nedbank delivers strong financial performance

The operating environment was more supportive for Nedbank and its clients during the period under review, and the South African economy bounced back faster than most forecasters expected from the low base of 2020, said Nedbank Chief Executive…

General Banking News / 17-01-22 / Tau kaVodloza

Nedbank Private Wealth to sell Channel Island trust business

Nedbank Private Wealth has signed an agreement, to sell its Channel Islands trust businesses, Nedgroup Trust Limited (Guernsey) and Nedgroup Trust (Jersey) Limited to Suntera Global, an independent global provider of fund, corporate and private…

General Banking News / 06-01-22 / Staff Writer

Nedbank reiterates zero tolerance for corruption

We fully support the establishment and work of the Zondo Commission and its aim to expose corruption, fraud, and state capture in South Africa.