FirstRand announced today that the group has restructured parts of its operating model within its banking portfolio, which has resulted in changes in certain senior roles. simplification. As a result, ...

By Nqobile Dludla JOHANNESBURG, March 30 (Reuters) - South African financial services group FirstRand said on Monday it will restructure its banking arm First National Bank, which will also involve ...

The bond is the first issued by a commercial bank that ties investor returns to ecological restoration outcomes.

FirstRand sold a R2.5 billion bond that rewards investors based on improvements in a Cape Town water-catchment area, measured ...

FirstRand Bank has set a new benchmark in South Africa for treasury management, becoming the first in the country to leverage Kinexys by J.P. Morgan’s private, permissioned blockchain network, Kinexys ...

FirstRand has announced that FNB CEO Harry Kellan will take early retirement at the end of the year.

South African lender FirstRand said on Thursday its half-year profit rose by 41%, closer to the lower range of its guidance of between 40% and 45%, as it recovers from the COVID-19 crisis.

Normalised earnings rose to R23.2bn ($1.41bn) in the six months ended 31 December, the bank, which also operates across markets in sub-Saharan Africa and Britain, said. Net-interest income before ...

The outlook revision follows that on the sovereign on March 28, 2012 (see "South Africa Outlook Revised To Negative On Persistent Economic And Social Problems; All Ratings Affirmed," published on ...

* Johan Petrus Burger will be appointed as chief executive officer of FirstRand and FirstRand Bank in place of Sizwe Errol Nxasana with effect from Oct. 1, 2015 * Alan Patrick Pullinger will be ...