Standard Bank Group Ltd (SBKJ.J)
23 Mar 2018
Fri, Mar 9 2018
* RICHARD DUNNE WILL BE RETIRING AT GROUP'S NEXT ANNUAL GENERAL MEETING TO BE HELD ON 24 MAY 2018
JOHANNESBURG, March 8 South African lender Standard Bank on Thursday reported a 14 percent rise in full-year profit as relatively higher commodity prices boosted its operations elsewhere in the continent.
* LIFTED MEDIUM-TERM ROE TARGET RANGE FROM 15% - 18% TO 18% - 20%
BRIEF-Standard Bank Group Says Peter Schlebusch To Step Down As CEO Of Personal And Business Banking
* PETER SCHLEBUSCH HAS DECIDED TO STEP DOWN AS CHIEF EXECUTIVE OF PERSONAL AND BUSINESS BANKING GROUP
* STANDARD BANK GROUP - APPOINTMENT OF LUNGISA FUZILE AS CHIEF EXECUTIVE OF STANDARD BANK OF SOUTH AFRICA LIMITED ("SBSA") WITH EFFECT FROM 15 JAN 2018
JOHANNESBURG, Oct 30 South Africa's Standard Bank has dropped the services of McKinsey, spokesman Ross Linstrom said on Monday, weeks after the global consultancy apologised for errors it made while working with state power utility Eskom last year.
* KPMG South Africa promises to reform (Adds McKinsey no comment)