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08 November 2017 • By • 1 min read

Former Patersons exec in crowdfunding play

A former chief operating officer of Patersons Securities will launch an equity crowdfunding platform investing in medicinal cannabis and agricultural ...

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Treasury backs banking competition reforms

The Turnbull government has announced it will back all 11 recommendations made in the Hammond review in support of greater competition in the banking ...

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Managed accounts data standards to be set

The Institute of Managed Account Professionals will establish an industry working group to develop data standards for the exchange of information ...

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State Street names new global CEO

State Street Corporation announced the retirement of chief executive Jay Hooley today, and named his successor. Mr Hooley, who will step down from ...

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Australia will ‘lag’ global recovery: UBS

Australian GDP growth and the RBA’s monetary setting will lag behind the global economy, predicts UBS in its global economic outlook

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Manage fraud with ‘big data and analytics’: Experian

Banks must understand customer habits more deeply and make use of data analytics in order to defend against fraud, says global information services ...

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ASX200 breaks through 6,000 barrier

The S&P/ASX 200 has closed above the 6,000 mark for the first time since the global financial crisis. After flirting with the 6,000 level in ...

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Australia, China to co-operate on fintech

Regulatory body ASIC has entered into an agreement with the China Securities Regulatory Commission to “promote innovation” and share information on ...

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Cash rate on hold for November

The Reserve Bank of Australia has elected to hold the official cash rate at 1.5 per cent at its November meeting. As widely predicted, the RBA has ...

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COBA appoints new chief executive

A former AMP Bank managing director has joined the Customer Owned Banking Association as its new chief executive. From 2007-2015, Michael Lawrence ...

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