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Banks Face Off For Facebook IPO

This year has been lackluster for Wall Street bankers. But next year, there’s Facebook Inc.
 

US$100m fund for RBZ

The Zimbabwean government through the Ministry of Finance has announced a $100 million fund to be availed for the Reserve Bank of Zimbabwe (RBZ) to carry out its function...

Stanchart launches mobile banking

Global banking giant Standard Chartered Bank’s local unit has introduced a mobile banking platform for its clients in conjunction with Telecel Zimbabwe.

Nedbank CEO upbeat on SA banks

Nedbank CEO Mike Brown said last week that SA’s banking sector remained largely unshaken by the turmoil in Europe although the spectre of a double-dip recession could a...

Standard Bank sues Saudi billionaire

Standard Bank has sued Saudi billionaire Mohamed bin Issa al Jaber for $150 million (R1.21 billion) in a London court, saying loans made to firms in his MBI International...

‘Deutsche Bank unit to cut 270 jobs’

Deutsche Bank AG unit BHF told staff it will shed 270 jobs, two sources close to the bank said, as the parent company struggles to sell the unit.

Kingdom raises $2.5 million

Kingdom Financial Holdings Limited (KFHL) $4, 5 million rights issue was 55, 6 percent subscribed, raising $2.5 million.

Standard bank targets Nigeria

Standard Bank planned to expand its operations in Nigeria, Kenya and Angola to reduce its reliance on South Africa, where growth was slowing, according to chief executive...

Stanbic voted best bank in Zim

Stanbic Bank Limited has been voted the best bank in Zimbabwe in the 2011 edition of the Europe Middle East Africa Awards.
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Feb 06 2012 21:05 | LAST UPDATED Jan 29 2012 11:17
 

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