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04 August 2017 • By • 1 min read

CBA preparing defence to AUSTRAC claims

The Commonwealth Bank of Australia is scrambling to put together a "statement of defence" after AUSTRAC accused the bank of failing to prevent ...

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Fortnum licensee acquires AMP advice practice

Fortnum Private Wealth-aligned Fortuity Strategic Advisors has announced the acquisition of an AMP-aligned advice practice. Fortuity Strategic ...

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ING Bank launches 12 new FX indices

ING Bank has partnered with Bloomberg to launch 12 new emerging market foreign exchange indices. Bloomberg has created a basket of 12 emerging ...

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Bennelong names chief strategy officer

Bennelong Funds Management has promoted Hamish Wood to chief strategy officer, reporting to chief executive Craig Bingham and chief finance officer ...

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Suncorp mulling ‘full divestment’ of Asteron Life

Suncorp’s strategic review of its Australian life insurance business continues to grind on, says chief financial officer Steve Johnston – with options ...

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Lawyer warns super funds on climate risks

A majority of super funds have not provided, as required by APRA, adequate evidence they are considering climate risk, making them vulnerable to legal ...

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CBA in hot water over money laundering breaches

CBA is facing a civil court case after AUSTRAC accused the bank of failing to properly monitor millions of dollars in cash deposited via its ...

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Data visualisation key for wealth sector

The wealth management industry has a lot to learn from the likes of Uber and Nike when it comes to effective data visualisation, says futurist Anders ...

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Chi-X Australia names new chief executive

Stock exchange and derivatives market Chi-X Australia has appointed former Deutsche Bank executive Vic Jokovic as its new chief executive

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Morningstar appoints new Australasia CEO

Research house Morningstar has announced the departure of Australasian chief executive Heather Brilliant, as well as her replacement. Jamie Wickham ...

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