The board says rival BBVA’s proposal undervalues its growth path
The Spanish banks had called off previous merger talks in 2020 as they could not agree on terms
The Oracle of Omaha’s fame and wisdom have always been a big drawcard of the annual meeting
Eurozone’s biggest bank winds down services 12 years after entering domestic industry
Prudential Authority approves the 25% transfer
Seventh biggest shareholder also supports bank’s proposed bonus policy change for material risk takers
The margin call came two months after the collapse of family office Archegos Capital, in which Morgan Stanley lost $911m
Standard Bank becomes second lender after Capitec to flag a rise in customers going into debt review
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The salary cuts will affect more than 2,000 bankers, and come after an investment bank trimmed bonuses up to 40%
Bank announces several appointments from internal staff
Money manager decides to back the struggling retailer, which it says is undervalued
Sales have surged almost 80% over the past three years as South Africans embrace e-commerce
First quarter net flows are running at double the level experienced in 2023, Quilter says
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Financial Sector Conduct Authority says the process must be fair and transparent
Business Day TV speaks to banking analyst at Ashburton Investments Daniel Masvosvere
Russia’s largest state-owned lender shakes off sanctions
Business Day TV spoke to technology correspondent for Business Day Mudiwa Gavaza
Business Day TV talks to Capitec CEO Gerrie Fourie
