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01 March 2018 • By Jessica Yun • 1 min read

Banks hamstrung by digitisation: Ariel

The global banking sector, which has benefited from its "inertia" for decades, is under cost pressure as it attempts to reconcile legacy IT systems ...

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NPP to benefit super members: CBA

Near-instantaneous payments (NPPs) under the recently launched New Payments Platform will cut down the lag in employer superannuation payments, ...

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CFSGAM funds 'under review' following closures

Colonial First State Global Asset Management (CFSGAM)'s Australian core equities and global resources funds have been put under review by Morningstar ...

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Former NZ PM Sir John Key joins ANZ Board

New Zealand’s 38th Prime Minister and chair of ANZ’s New Zealand subsidiary Sir John Key has joined the board of ANZ. Sir John has become a board ...

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Super industry ends 2017 with $2.6tn

Total superannuation assets were $2.6 trillion at the end of 2017, up 10 per cent for the year, according to the latest Australian Prudential ...

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NAB backs property fintech firm BrickX

National Australia Bank (NAB)’s corporate venture capital arm has invested in real estate investment platform BrickX. NAB Ventures announced in a ...

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Prepare for an inflation ‘surprise’: Vanguard

Cyclical forces are likely to drive global inflation higher throughout 2018 than is currently priced in markets, warns Vanguard. Speaking at an ...

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CBA denies new BBSW manipulation claims

The Commonwealth Bank of Australia (CBA) has denied fresh claims by the Australian Securities and Investments Commission (ASIC) that the bank ...

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Netwealth half-year profit up 59%

Recently-listed platform provider Netwealth has reported a $14.1 million net profit for the six months to 31 December 2017. Netwealth has posted a ...

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DNR Capital grows investment team

Australian equities manager DNR Capital has added a new portfolio manager to its investment team. Sam Twidale joins the equities manager after more ...

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