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Banking & Finance news

The current global economic turmoil has been cited as one of the reasons Reserve Bank Governor Tito Mboweni has left the repo rate unchanged at 12%. 10 Oct 2008
Treasury moves to inject trust, as well as liquidity, into the UK banking system. 9 Oct 2008
In the midst of the global economic crisis, South Africa's markets are faring better than most other developing nations, having dropped 7% on Monday compared to developing nations sliding 10%. 9 Oct 2008
The primary consequence of the credit crunch for non-financial companies is the loss of access to cheap debt. 9 Oct 2008
European Union (EU) finance ministers agreed on Tuesday to coordinate their responses to the escalating global financial crisis. 8 Oct 2008
Among people with internet access intending to acquire a financial product in the next year, there is an 87% chance they will research their products of interest online beforehand. 7 Oct 2008
According to the results of a recent survey, WesBank remains the best large company to work for in South Africa.
7 Oct 2008
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