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FirstRand's half-year profit jumps 41%, nearing pre-pandemic level - Vimarsana News

FirstRand's half-year profit jumps 41%, nearing pre-pandemic level

Bruce Whitfield interviews CEO Allan Pullinger about FirstRand's results for the half-year ended 31 December.

FirstRand's half-year profit jumps 41%, nearing pre-pandemic level - Vimarsana News

FirstRand's half-year profit jumps 41%, nearing pre-pandemic level

Bruce Whitfield interviews CEO Allan Pullinger about FirstRand's results for the half-year ended 31 December.

Source: 702.co.za
FirstRand declares dividend after rebound 'exceeds group's expectations' - Vimarsana News

FirstRand declares dividend after rebound 'exceeds group's expectations'

FirstRand declares dividend after rebound 'exceeds group's expectations' 4 March 2021 7:11 PM Share This: 'We've seen a strong turnaround pretty much across the board in our portfolio' - FirstRand CEO Allan Pullinger on The Money Show. FirstRand has posted its interim results for the six months ending 31 December 2020. The group, which owns First National Bank (FNB), RMB and WesBank, reported a 21% drop in normalised earnings. However it is declaring an interim dividend; a bet on economic recovery which Bruce Whitfield describes as possibly the most positive signal yet from a large company....

Source: 702.co.za
FirstRand exposes a vulnerability in South Africa's financial system - Vimarsana News

FirstRand exposes a vulnerability in South Africa's financial system

MONEYWEB app instead? FirstRand exposes a vulnerability in South Africa’s financial system The banking sector is seemingly being held hostage by a relative handful of people able to cope with its complexities. But there is at least one way around this. 00:01  Open: Open: The industry’s executive placement strategy leaves everyone else – from the banking public to shareholders, even the Reserve Bank – horribly exposed. Image: Dwayne Senior, Bloomberg It might be that, a few years down the track, FirstRand’s ‘Covid instrument’ proves not to be the most g...