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07 November 2018 • By Eliot Hastie • 1 min read

KPMG’s take on ‘simple banks’

The end of year analysis by KPMG has shown the need for the major Australian banks to become leaner and simpler to benefit customers. The KPMG 2018 ...

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Goldman Sachs dominates league table

American bank Goldman Sachs has dominated the latest merges and acquisitions league table for the retail industry in the third quarter. The league ...

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AFCA members running out of time to notify ASIC

Licensees that have joined the new one-stop shop for financial service disputes have until the end of the month to notify ASIC of their details

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RBA reveals November cash rate

The central bank has announced its cash rate decision for the month of November following its monthly board meeting. The Reserve Bank of Australia ...

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Major bank announces acquisition

One of the big four banks has announced a joint acquisition of a major property exchange. The Commonwealth Bank of Australia has announced that its ...

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Hayne woes wipe $2bn off big bank profits

A challenging regulatory environment, slower revenue growth and increasing costs associated with the royal commission have seen the total cash profit ...

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Investec launches emerging companies fund

The global investment bank has launched a new fund to give investors dedicated access to the burgeoning emerging companies sector. Investec ...

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AFA applies to become Code Monitoring Body

The Association of Financial Advisers has submitted an expression of interest to ASIC to become a code monitoring body for the industry

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AFSL holder slapped with $9m fine

A Melbourne-based financial services business has been ordered by the court to pay close to $9 million in penalties and has been permanently banned ...

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AMP Capital acquires additional infrastructure stake

AMP Capital has agreed to acquire an additional stake in a major infrastructure program on behalf of its infrastructure fund investors. The ...

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