FirstRandRSS

UK challenger bank Aldermore in acquisition talks with FirstRand

South Africa’s financial services group FirstRand is in takeover talks with Aldermore, a UK-based challenger bank focused on SMEs.

South Africa’s big four banks spend IT big

South Africa

The big four retail and commercial banks in South Africa – Standard Bank, Absa/Barclays Africa, FirstRand and Nedbank – have been upping their games in information technology (IT) expenditure.

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