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27 February 2019 • By James Mitchell • 1 min read

Wealth managers deliver $90m for Aussie fintech

Wealth management has been a key driver for an Australian financial services technology firm, which boosted group net profit after tax by 15 per cent ...

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Investec Asset Management launches environmental strategy

Investec Asset Management has launched a global environmental strategy to address institutional investors’ concerns around climate change

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ASX to sell IRESS stake

ASX has entered into an agreement to sell its 18.6 per cent shareholding in financial software IRESS, which is expected to produce gross proceeds of ...

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Investment banker cops three year ban

ASIC has banned the head of Investment Banking for a NSW firm from providing financial services for three years.  Mark Hinsley, current director of ...

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CBA group general counsel to step down

The major bank’s group general counsel, who played a critical role in the bank’s AUSTRAC, BBSW, APRA inquiry and royal commission challenges, is to ...

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APRA welcomes IMF report

The prudential regulator has welcomed the IMF’s Financial Sector Assessment Program report. The report concluded that the Australian financial ...

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Spitfire launches no-fee product

In a market first, Spitfire will go to market with a no-tiered administration fee on its new IDPS product. The innovative technology firm that ...

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Independent remediation vital for banks’ future

One of Australia’s largest law firms has called on the big banks to prove they are serious about customer remediation and to establish an independent ...

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IMF sounds alarm on Aussie debt bubble

The International Monetary Fund has recommended that APRA takes a forensic “deep dive” into the credit risk management frameworks of Australian banks

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‘Buy now, pay later’ inquiry calls on ASIC

The Senate inquiry into “buy now, pay later” fintechs has said that regulation has not matched the growth of the sector, calling for ASIC to step up ...

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