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This week's call by the Financial Services Council for the establishment of a statutory and independent Advice Competency Standards Board to rebuild the trust of consumers has been firmly rejected by.. read more

Funds raised on Australia's equity capital markets have totalled US$25 billion so far this year, a 98 per cent increase over the first nine months of 2013. read more

In a recently circulated research note, East and Partners observed that trade finance had "escalated in prominence" for Australian businesses. The banking analysts then warned that Australia's banks r.. read more

It was announced earlier this week that ANZ's global wealth leadership, after a review of the group's platforms business, had decided to look at the "strategic options" available for managing the deli.. read more

The Australian Securities and Investment Commission announced yesterday it had issued infringement notices to both National Australia Bank and Westpac as part of a continuing crackdown on potentially.. read more

AUSTRAC's acting CEO, John Schmidt, said the registration of remittance provider Bisotel Rieh had been suspended over a possible terrorism financing risk. read more

Moody's Investors Service says Australian regulators remain cautious over whether to mandate a bank creditor bail-in regime and, until this changes, local banks will benefit from a ratings uplift. read more

Apple is set to reap fees from banks when consumers use an iPhone 6 in place of credit and debit cards for purchases, sources have disclosed. read more

Pragmatic and debt-free HK's US$1 billion triple-A rated Islamic bond has shown up the shortcomings of Australia's reigning "pay down all debt at any cost" ideology. read more

The UBS bank analysts for Australasia, Jonathan Mott and Adam Lee, have examined the 'too big to fail' concept, and the proposals among G20 regulators for a senior debt holders' bail-in, from an Austr.. read more