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FirstRand lining up advisers for sale of Aldermore - report

By Michele Maatouk

Date: Friday 17 Apr 2026

(Sharecast News) - 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.
According to Sky News, the lender has hired Rand Merchant Bank and is in the process of appointing...

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