FirstRand Ltd. plans to exit its UK motor-finance business after saying it will raise a provision to cover compensation for ...

MotoNovo owner FirstRand is to exit the UK motor finance market in response to the FCA redress scheme which it said was ...

FirstRand , ​one of South Africa's biggest banks, said on Tuesday it planned to exit from its ‌UK challenger bank Aldermore, blaming a costly and "deeply flawed" British motor finance redress scheme.

FirstRand is preparing to exit its UK consumer finance business, saying it will work towards an “orderly ownership transition ...

April 7 (Reuters) - South Africa's FirstRand said on Tuesday it plans to exit from its UK challenger bank Aldermore as it cut ...

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

FirstRand plans to exit its UK unit Aldermore amid market challenges and increased provisions for mis-sold UK car loans reaching $993 million.

FirstRand, South Africa’s largest bank by value, will exit the UK after a massive regulatory hit stemming from the ...

South Africa’s FirstRand is reportedly lining up advisers to oversee a sale of challenger bank Aldermore after expressing outrage at the terms of a compensation scheme for car finance mis-selling.

Hanging on the walls of the offices in Johannesburg occupied by the Institute of Race Relations (IRR) are a few plaques and ...

FirstRand to exit UK motor-finance amid £750M compensation provisionFCA mandates billions in refunds; FirstRand disputes ...

FirstRand Bank’s attempt to repossess the home of customer Jan Dry at the Mahikeng High Court came unstuck last month after ...