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Hundreds of retail branch managers, assistant branch managers and sales team leaders in consumer call centres at NAB will move off their existing incentive plan in October. read more

UnionPay, China's largest card-payment network operator, is struggling to stay relevant in an increasingly cashless economy. read more

Gateway Credit Union will join the fray and seek member approval to trade as Gateway Bank. read more

The LIBOR interest rate benchmark will remain in use until at least the end of 2021, the UK's Financial Conduct Authority now says. read more

Despite being a smaller player in the Australian banking sector, Greater Bank has successfully delivered innovations and technologies that rival their Big 4 competition.Their success in corporate in.. read more

The performance from Macquarie Group's businesses in the first quarter of operations has been broadly in line with expectations. read more

It wasn't all smooth sailing at the Macquarie Group AGM. The AFR reports that there was a 15 per cent cast against the executive team's remuneration. read more

China's largest peer-to-peer (P2P) lending platform — Hongling Capital — plans to get out of the online lending business within three years, citing a poor track record of people repaying loans. read more

Tasmania's largest financial institution, MyState Bank Limited, has refunded more than A$230,000 in over-charged interest and fees to over 1,000 customers with mortgage offset accounts. read more

The Australian Prudential Regulation Authority yesterday released a discussion paper outlining how mutually owned authorised deposit-taking institutions could directly issue Common Equity Tier 1 capit.. read more