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LATEST NEWS FOR Investec Bank Ltd.  

Investec Bank Ltd. is a specialist bank providing a diverse range of financial products and services to a niche client base in South Africa and Mauritius.... [more info]

Data suggests deep recession in second quarter

13 Aug 2020 /  Prinesha Naidoo, Bloomberg  
As the damage wrought by a nationwide lockdown to curb the spread of the coronavirus pandemic becomes clear.

Conflicts of interest, backtracking and moving the chessboard pieces

27 Jul 2020 /  Ann Crotty   9
It seems the BRPs doing large rescues didn't think through the ‘un-market-related’ fee issue before scurrying to submit their tenders, while Vodacom, PPC and Woolworths post results and Investec makes an announcement.

How much Edcon owes, and to whom

11 Jun 2020 /  Hilton Tarrant   18
Banks, landlords, insurers (who are landlords) in the queue.

Investec backs Pele Green Energy to expand in wind and solar

8 Jun 2020 /  Loni Prinsloo, Bloomberg  
'With this new deal, Investec is funding Pele at a group level which is unique.'

Bankers staying home as SA slowly grinds back to work

UPDATE
24 May 2020 /  Vernon Wessels, Roxanne Henderson and Janice Kew, Bloomberg   5
'The psychological toll on people has been significant' - Investec CEO Fani Titi.

R100bn Covid-19 loan scheme now operational

12 May 2020 /  Larry Claasen   7
A partnership between Treasury, Sarb and banks aimed at saving SMEs.

South African bank stocks fall over 4% after Sarb advises against dividends

7 Apr 2020 /  Emma Rumney, Reuters   1
And exec bonuses.

Joburg advisor on the hook after client email hacked

19 Mar 2020 /  Melitta Ngalonkulu   8
Takes R800 000 punch as court rules it paid funds into fraudulent accounts based on fake 'signature'.

Investec foots R770m bill to unbundle Ninety One

13 Mar 2020 /  Hilton Tarrant   3
Lawyers lead the pack as IPO part of demerger is pulled at the last moment.

‘SA’s private sector is not on an investment strike’

17 Jan 2020 /  Suren Naidoo   7
Investec economist notes uptick in activity, despite the country’s electricity woes and record low business confidence.

Banks score R500m in Prosus listing

27 Aug 2019 /  Hilton Tarrant   8
Entire transaction expected to cost R736m.

Tribunal gives forex-rigging case the green light

13 Jun 2019 /  Tebogo Tshwane   5
But CompCom must resubmit its affidavit against the 23 banks after tribunal finds it 'incoherent'.

Investec’s plans to demerge asset management business on track

16 May 2019 /  Moneyweb  
Meanwhile, it reported a 3.6% increase in full-year earnings.

Five things making headlines in South Africa today

16 May 2019 /  Moneyweb  
MTN Nigeria lists on Nigerian bourse, Dis-Chem and Investec Bank results, Moody's sees weak SA growth outlook, Ramaphosa's cabinet selection.

Rand slips as trade tensions weigh on risk demand

16 May 2019 /  Mfuneko Toyana, Reuters  
Bonds also weakened.

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