Tag Archives: competition in banking

Why the JSE Closed 0.74 percent in positive territory yesterday

The Johannesburg Stock Exchange (JSE) closed 0.74 percent in positive territory yesterday after trading in positive territory for most of the day. This was mostly as a result due to renewed global optimism that a deal would soon be reached to avail the Greek crisis. The total volume traded for the day was R 18.4 billion. Top winners of the […]

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Western banks axed 59,000 jobs last year, more cuts to come in Europe

From Reuters.com * More than 160,000 jobs lost across 24 banks in two years -data * U.S. banks axed 7.4 pct of staff, European lenders cut 4.1 pct * Euro zone banks need further cuts to improve returns -analysts * Move to digital banking could add to pressure on jobs By Steve Slater LONDON, March 30 (Reuters) – Top European […]

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