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LATEST NEWS FOR Standard Bank Group Ltd.  

Standard Bank Group Ltd. is the holding company for the interests of the group, an African financial services organisation with South African roots. It is South Africa’s largest banking group by assets and currently operates in 20 countries in sub-... [more info]

South African troops to be deployed to troubled Mozambique

20 Jul 2021 /  Jan-Jan Joubert   26
SADC will soon have 'boots on the ground' in Cabo Delgado.

Can Standard Bank breathe new life into Liberty?

16 Jul 2021 /  Simon Brown   2
Liberty ‘is an old brand. Most of the client segment that it used to have, have emigrated or are retiring...Standard Bank might be buying a dog here’: Kokkie Kooyman from Denker Capital.

SARS changes to transferring shares offshore

16 Jul 2021 /  Simon Brown  
Mia Kruger on what she’s watching in US reporting season. Kokkie Kooyman of Denker Capital on Standard Bank buying Liberty. Duncan McAllister of Webber Wentzel on transferring listed shares to an offshore exchange

Standard Bank + Liberty: Is bancassurance back?

16 Jul 2021 /  Moneyweb   4
Or is a full integration needed to fix a broken Liberty?

Standard Bank appoints acting CEO in Mozambique, after R66.18m fine

14 Jul 2021 /  Ciaran Ryan   2
The bank and two of its senior officials have been fined and debarred from certain banking practices for exchange rate fraud.

What SA’s biggest office landlords aren’t saying …

14 Jul 2021 /  Moneyweb   13
Are the country’s listed funds ignorant, or simply putting on a brave face?

Standard Bank fined by Bank of Mozambique for fraudulent practices

13 Jul 2021 /  Fifi Peters   3
Kokkie Kooyman from Denker Capital was surprised by the penalty, thinking it ‘immaterial’. He also discusses the impact of SA’s current situation on the banking sector.

Mozambique central bank fines Standard Bank R66.18m

12 Jul 2021 /  Manuel Mucari, Reuters   2
For fraudulent practices.

FNB plans to open 50 new community branches nationwide

8 Jul 2021 /  Palesa Mofokeng  
While most of its JSE-listed peers are closing branches, with greater focus on online banking.

The rand goes from best-performing to worst-performing emerging market currency

21 Jun 2021 /  Suren Naidoo   19
After US Federal Reserve flags that it could raise interest rates sooner than expected.

Goldman hires to grab a piece of R13.98bn in South Africa fees

17 Jun 2021 /  Roxanne Henderson, Bloomberg   5
Group is embarking on a hiring spree in major emerging economies like China, it’s also expanding its footprint in SA.

Car subscriptions are taking off in SA

17 Jun 2021 /  Roy Cokayne   19
Covid-19 has created an openness to new ways of consuming cars – FlexClub.

ETFs: Why young retail investors love them

15 Jun 2021 /  Kearabilwe Nonyana  
Kearabilwe Nonyana of ThinkMarkets talks to Mia Kruger of Kruger International on investors moving from the gold sector to banking. CoreShares's Gareth Stobie looks at ETFs and their appeal to young retail investors. Anchor's Nolan Wapenaar on SA bonds being close to pre-pandemic levels.

FirstRand sees earnings jump on SA recovery

7 Jun 2021 /  Roxanne Henderson, Bloomberg   3
Sees earnings per share rising by at least 35% in the year through June.

Simon’s weekly wrap: China’s investment case

4 Jun 2021 /  Simon Brown   1
This week MoneywebNOW looked at local bank valuations, the global pet care industry and retail stocks.

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