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regulation

30 November 2018 • By Charbel Kadib • 1 min read

‘It’s a habit’: NAB chair not happy with ASIC dealmaking 

NAB chairman Ken Henry says the bank’s habit of negotiating outcomes with the corporate regulator has led to “dysfunction” within the group

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ASIC announces new panel appointments

The commission has made a series of appointments to its markets disciplinary panel to ensure it has an appropriate mix of expertise.  ASIC has ...

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US growth ‘a bit overdone’

Investment managers are warning that the Fed’s positive outlook for the US economy could be overly optimistic. According to Western Asset chief ...

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Fund managers not keen on ‘good customer outcomes’

The “dilemma” of pleasing both customers and institutional shareholders as a listed bank have been explored by the royal commission this week

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New chair to lead FPA foundation

The FPA has appointed Petra Churcher as the new chair to lead its philanthropic arm, the Future2 Foundation. Ms Churcher is the current chair of ...

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Founder of advice firm steps down

The founder and managing director of a financial planning software provider has stepped down after a review of the businesses’ structure

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Super group reduces executive roles

One of Australia’s largest superannuation funds by members has announced two new hires in the midst of making a number of key redundancies in its ...

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MyState hires banking head

Banking and wealth management group MyState Limited has appointed Tony MacRae as general manager of its banking division, to start in the role from ...

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Bank branches becoming ‘uneconomic’ says ANZ CEO

ANZ chief executive Shayne Elliott has conceded that branches are losing their lustre as cash becomes a niche payment solution and consumers opt to ...

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AfterPay, zipPay in ASIC crosshairs 

ASIC has found that ‘buy now, pay later’ arrangements are influencing the spending habits of younger consumers. A buy now pay later arrangement ...

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