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28 June 2019 • By Eliot Hastie • 1 min read

One step away from global recession

The world is one step away from a global recession, according to one investment bank who has questioned if the markets are ready. UBS has released ...

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Global bank receives APRA approval

Global bank Investec has received approval from APRA to carry on banking business in Australia, providing it with greater reach.  Investec Bank ...

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Copycat class action launched against wealth firm

Another major Australian law firm has launched a copycat class action against AMP related to its superannuation fees.  Slater and Gordon filed a ...

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Royal commission continues to be an unprecedented disaster for AMP

The jury is still out at Morningstar on whether new management can deliver a wide range of remedial actions in the wake of AMP’s royal commission ...

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Investors urge G20 leaders to step up climate change ambition

Australian super funds are among the 477 investors urging G20 leaders to step up their ambition on climate change and enact stronger policies

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Superannuation class action filed against AMP

Slater and Gordon today filed a class action against AMP on behalf of over 2 million Australians.  The class action is the second to be filed by ...

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QBE joins FIAP program

QBE Insurance Australia has become one of the first insurers to join the Financial Inclusion Action Plan program to promote greater financial ...

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AFS licence of BBY further suspended

ASIC has extended the suspension of the AFS licence held by BBY until 28 May 2020, increasing the suspension by another 12 months. In 2015, ASIC ...

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Wall St giants tipped to snap up wealth managers

Goldman Sachs’ recent $1 billion acquisition of United Capital marks the beginning of a new M&A boom for the wealth management industry, according ...

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‘The board is disappointed we did not meet your expectations’: Westpac

Westpac’s chairman has made a series of apologies to the bank’s shareholders in a statement to the ASX accompanying the interim dividend statement

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