Standard Bank has announced that it will realign its retail and business banking delivery model to the changing needs of customers, amid rapid adoption of digital banking products and services. This will see the banking group close 91 branches with 1,200 job losses in the pipeline but the bank says it may be less, as some staff will be reskilled for other positions.
Standard Bank South Africa implements a New Banking Delivery Model
Standard Bank South Africa, 14 March 2019
JOHANNESBURG, 14 March 2019 - Standard Bank is realigning its retail and business banking delivery model to the changing needs of customers amid rapid adoption of digital banking… Read more »
Banks That Manipulate the Rand - Are Millions in Fines a Deterrent?
allAfrica, 14 February 2019
British multinational banking and financial services company, Standard Chartered has pleaded guilty to manipulating currencies, including the rand, between 2007 and… Read more »
The Competition Commission has referred several banks, including, ABSA, Investec and Standard Bank to the Competition Tribunal for prosecution. This relates to a case of alleged ... Read more »
Finance Minister Pravin Gordhan has countered fellow Cabinet member Mosebenzi Zwane who called for an inquiry into the country's banking system. Read more »
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