Jacko Maree, 57, is stepping aside as Group Chief Executive of Standard Bank Group (SBG) after more than 13 years at the helm of Africa's largest bank.
Given the challenging global economic climate and evolving regulatory regime for banks, Standard Bank Group's Corporate & Investment Banking business (CIB) is continuing to right size its international operations.
Sand, lounge chairs, and crystal clear water make the beach a great getaway -- but add a lazy river and three water slides, and you've got something even better: • $12 ($24 value) for two passes to the aquatics center • Leisure pools have lap lanes for serious swimmers and waterfalls for kids • Valid from May 25 to September 2 Perfect for All Ages Chill out in the 700-foot lazy river, or go for a dip in the leisure pool -- the sprays and jets are certain to drop your temperature and raise your spirits.
Here's a few links to some interesting Bloomberg, BBC, Daily Telegraph, New York Times and Reuters stories currently doing the rounds.
Mark Fox has joined Standard Bank’s Fixed Income and Currency (FIC) Sales team in the Global Markets division as Head of London Buyside. He will be based in London.
Standard Bank Group has recently appointed Michael Starke, as a research analyst, to the growing Mining and Metals team.
Standard Bank has announced that it has appointed Marcel Mballa-Ekobena as East Africa Head of Equity Research as the group continues to strengthen its equity research franchise.
Rob Leith has been CEO of Corporate and Investment Banking (CIB) at Standard Bank since 2008. He joined the group in 1991 and has been an integral part of CIB’s success over many years.
Standard Bank Group is a global bank with African roots. It is South Africa's largest bank, distinguished by its extensive operations in 17 African countries.
The fortunes of firms operating in the financial markets have changed a lot in the last 6 months, with asset writedowns, quarterly losses and job cuts making life a lot more uncomfortable for many who work in them. We are now in a new world order, as firms that were only recently seen as employers of choice are struggling (and staff are sweating about their futures).
Standard Bank Group has recently appointed Michael Starke, as a research analyst, to the growing Mining and Metals team.
Speculation is already mounting about the firms that are likely to pay the most 'doughnut' bonuses (i.e. nothing) to staff this year-end.
Here's Standard Bank's press release on its recent operational review and the resulting cost cutting.
It's not only bonus payouts financial markets professionals are thinking about at the moment - it's also their job security.
