Foreign news: Chinese banks hiding high risk loans, Open banking to hit UK banks 20 June 2017 3:56PM Channel lending in China, albeit sprawling, is still caught in a regulatory no-man's land. read more
NAB faces showdown with union over advice breaches 20 June 2017 3:24PM The Finance Sector Union has set the scene for a dispute with National Australia Bank over allegations NAB's financial planning staff did not witness beneficiary nomination forms in the presence of cl.. read more
ADVERT: Preparing for the next threats in financial crime: Insights from AMP Capital 20 June 2017 2:15PM IQPC is proud to announce the 3rd Annual Australian Financial Crime Summit taking place on the 14-16 August 2017 in Sydney, combining expertise from AML/CTF, Anti-Bribery & Corruption, Fraud, and.. read more
ADVERT: Using Virtual Assistants and ChatBots in Banking: Enhancing Customer Service and Experience 19 June 2017 8:20PM The opportunities for Artificial Intelligence in the financial services industry are endless, with the global and Australian market already recognising its ability and potential to personalise custo.. read more
ADVERT: Conduct Risk and Culture: a Top Priority for Finance in 2017 19 June 2017 4:16PM With a recent spark of high profile scandals, Prime Minister Malcolm Turnbull's latest comments on bank culture, and a $6.2 billion bank levy tax announced in the recent Federal Budget, conduct risk.. read more
Brief: Bailey fixed at AFG, EU banks in retreat 19 June 2017 3:40PM David Bailey (pictured) will settle in permanently as chief executive of Australian Finance Group. Bailey took on the role in March on an interim basis. read more
Briefs: UBS fined over trading systems snafus 16 June 2017 3:55PM UBS Securities Australia Limited has paid penalties totalling A$280,000 to comply with two infringement notices from the Markets Disciplinary Panel. read more
Foreign news: US takes action on 1MDB, Swiss banker admits assisting with FIFA bribes 16 June 2017 3:53PM The US Justice Department is seeking the forfeiture and recovery of approximately US$540 million in assets associated with an international conspiracy to launder funds misappropriated from Malaysian s.. read more
Briefs: Savers going nowhere, Consumer sentiment going down 15 June 2017 4:15PM With inflation going up and banks slashing deposit rates, financial comparison site Mozo.com.au says there are now no savings accounts with an interest rate high enough to keep savers ahead of tax and.. read more
Briefs: Farewell to a former head of the Wales, ASIC and Hong Kong regulator liaise on fintech 14 June 2017 3:24PM Bob White, managing director of Westpac in its "world bank" days in the 1980s died over the weekend. read more