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Banking & Finance news

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
WASHINGTON: The US Senate on Wednesday approved a revised $700 billion bailout plan, which will authorise the US government the largest financial intervention since the Great Depression. 2 Oct 2008
Pigheadedness and politicking cost American taxpayers $1.1 trillion from their savings and retirement funds yesterday and the cost to the world's economies will be much greater than it need be if a package isn't passed soon - without watering down. 1 Oct 2008
The current global economic environment is cause for concern for all of us, according to North West Premier Edna Molewa, who says South Africans are in for a tough time. She said while it was expected that the value of houses in South Africa would decline, the high cost of living was making it difficult for owners to make their monthly bond payments. 30 Sep 2008
For much of the last decade, AIG was the shining star in the insurance industry. Last week this all changed, when a liquidity crisis at the company forced the US government to intervene. 26 Sep 2008
For much of the last decade, AIG was the shining star in the insurance industry. Last week this all changed, when a liquidity crisis at the company forced the US government to intervene. 26 Sep 2008
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