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03 November 2017 • By • 1 min read

Westpac enters agreement to sell Hastings

Westpac has entered into a new agreement to sell Hastings Funds Management to Northill Capital after a previous agreement with Charter Hall fell ...

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Monthly fintech revenues triple in a year

The median monthly revenue growth for Australian fintech companies is up 208 per cent over the year to June 2017, according to a new report by EY and ...

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Treasury, regulators keeping watch on tech giants

Federal treasurer Scott Morrison says regulators and governments are closely monitoring potential financial services ventures by “behemoths” like ...

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US Fed policy outlook ‘uncertain’: Investec

US President Donald Trump’s pick for the next Federal Reserve chair, due to be announced today, is likely to have an impact on fixed income markets ...

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BEAR timeframe will be ‘challenging’: APRA

APRA has warned that meeting the government’s 1 July 2018 deadline for the implementation of the Banking Executive Accountability Regime will be ...

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NAB to cut 6,000 jobs as profit rebounds

NAB has announced an increased cash profit of $6.6 billion for the 12 months to 30 September 2017, along with plans to cut 6,000 jobs by 2020. The ...

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ASIC bows to pressure on fee disclosure

The corporate regulator has agreed to conduct a review of its new fee disclosure regime in the face of opposition from the industry fund sector

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Cbus elects board directors

Industry fund Cbus Super has appointed Denita Wawn and John Edwards to its board of directors. Master Builders Association chief executive Denita ...

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Janus Henderson hires credit strategist

Janus Henderson Investors has appointed a former head of portfolio management to the newly created position of credit strategist. Joining the fixed ...

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Former wealth exec named Bank NZ CEO

NAB-owned Bank of New Zealand has appointed a former NAB, BT and Macquarie wealth executive as its new managing director and chief executive

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