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02.04.25 - 23:36
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XFRA: DIVIDEND/INTEREST INFORMATION - 04.04.2025 - US3376261059 (XETRA)
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Das Instrument FSR US3376261059 FIRSTRAND ADR/ 10 RC -,01 EQUITY wird cum Dividende/Zinsen gehandelt am 03.04.2025 und ex Dividende/Zinsen am 04.04.2025
The instrument FSR US3376261059 FIRSTRAND ADR/ 10 RC -,01 EQUITY has its pre-dividend/interest day on 03.04.2025 and its ex-dividend/interest day on 04.04.2025...
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29.03.25 - 17:48
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Banks aim to reverse crunch appeal court victory for car buyers (The Guardian)
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Fears of a £44bn compensation bill over dealer commissions has prompted a high-profile appeal, which will be heard this weekBritish lenders are heading to the supreme court this week as they try to overturn a ruling that has propelled the car finance scandal to new heights, triggering government intervention and prompting fears of a £44bn compensation bill.Two specialist lenders, Close Brothers and FirstRand, are challenging three consumers who collectively won a court of appeal case in October. That ruling said that failing to disclose plainly to consumers the amount of commission paid to dealers, and get their informed consent, was unlawful. Continue reading......
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07.03.25 - 07:54
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FirstRand CEO on South Africa′s Growth (Bloomberg)
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FirstRand Bank's profit rose 10% as South Africa's biggest lender by market value boosted loans in its home market. CEO Mary Vilakazi spoke to Bloomberg's Jennifer Zabasajja about the outlook for the country's economic growth and how the Trump administration could impact trade with the US. (Source: Bloomberg)...
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06.03.25 - 12:18
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FirstRand Weighs Future of UK Business Amid Car Saga (Bloomberg)
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FirstRand Bank's profit rose 10% as South Africa's biggest lender by market value boosted loans in its home market. CEO Mary Vilakazi spoke to Bloomberg's Jennifer Zabasajja about the outlook for the country's economic growth and how the Trump administration could impact trade with the US. (Source: Bloomberg)...
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11.12.24 - 17:30
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Supreme court grants permission for appeal against UK car finance ruling (The Guardian)
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Two lenders can challenge October decision that undisclosed commission paid to car dealers is unlawfulThe supreme court has granted permission for two car lenders to appeal against a landmark ruling on motor finance commission payments that has left firms fearing a potential £30bn compensation bill.The decision gives Close Brothers and the MotoNovo owner FirstRand a chance to overturn a shock ruling by the court of appeal in October which said that paying “secret” commission to car dealers – without disclosing the sum and terms of that commission to borrowers – was unlawful. Continue reading......
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