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21 February 2018 • By Jessica Yun • 1 min read

Bitcoin ‘much ado about nothing’, says S&P

A crash in cryptocurrency markets would not cause much more than a ‘ripple’ in the global financial services industry, says S&P Global Ratings

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Regulation and disruption to drive finance M&A

Financial services M&A throughout 2018 is likely to be driven by regulation and vertically integrated business models, says PwC. Speaking in ...

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Institutions pay an extra $21m compensation

The big four banks and AMP have paid an additional $21.4 million in compensation to the clients who were found to have received non-compliant ...

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Finance sector struggling to ID clients

As many as 95 per cent of Australian financial service firms are having difficulty identifying their customers, according to a new report by data ...

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Fund manager enters EU over AFSL application

ASIC has accepted an enforceable undertaking from the directors of Sydney-based One Investment Group for being “materially misleading” in their ...

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NAB cuts 1,000 jobs as ‘digitisation’ begins

The National Australian Bank has announced the first round of job cuts as it looks to ‘reshape’ and ‘digitise’ its workforce over the next three years

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L1 Capital prepares to list LIC

Melbourne-headquartered L1 Capital is finalising the IPO of its long/short fund as a listed investment company (LIC), assembling a broking team led by ...

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New Australian microcap fund launched

Fidante-stabled boutique fund manager Lennox Capital Partners has launched an Australian microcap fund. Lennox Capital founders James Dougherty and ...

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Retirement incomes panel announced

The government has revealed the nine experts who will advise Treasury on the development of a retirement income product framework. A new advisory ...

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Synchron appoints new state manager

An adviser of non-bank dealer group Synchron has been promoted to state manager for NSW. Matthew Wallis will sell his Engadine-based practice, ...

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