FirstRand is preparing to exit its UK consumer finance business, saying it will work towards an “orderly ownership transition” of Aldermore Group after a sharp increase in expected compensation costs ...

FirstRand Ltd. hired Bank of America Corp. and its own investment-banking arm, Rand Merchant Bank, as advisers to help it ...

FirstRand, South Africa’s largest bank by value, will exit the UK after a massive regulatory hit stemming from the industry-wide mis-selling of car finance. The lender said it will unwind its ...

Says provision is almost three times more than the profit it extracted from over a decade of motor-finance activities in the ...

Every investor in FirstRand Limited (JSE:FSR) should be aware of the most powerful shareholder groups. With 50% stake, institutions possess the maximum shares in the company. Put another way, the ...

FirstRand Ltd. FirstRand Ltd. operates as a holding company, which engages in the provision of banking, insurance and investment products and services to retail, commercial, corporate and public ...

South Africa's FirstRand will end funding for new coal-fired power stations and coal mines and has lowered the cap on its coal exposure as part of moves to reach net-zero emissions by 2050, it said on ...

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JOHANNESBURG, Oct 4 (Reuters) - South African bank FirstRand's FSRJ.J CEO will step down at the end of March as part of a shake-up of the senior leadership, the bank announced on Wednesday. CEO Alan ...