Stubborn AMP 'surrenders' legal briefs

AMP and Clayton Utz have surrendered in their court battle with ASIC over failure to produce documents. Clayton Utz has now provided ASIC "with its internal file notes from the firm's interviews with.. read more

Ongoing concerns over YBR loss

The absence of any mention of a "going concern" view from its auditors will fan questions over Yellow Brick Road following a horror loss of $34 million. read more

Many bank APIs unstable

Many proprietary bank APIs remain unstable, Marten Nelson, co-founder and CMO of fintech Token declared last night.Banks "have spent a fortune, duplicated effort, and ended up with something complex,.. read more

Cash-bonuses only in banking

Investors are looking for "very clear, transparent remuneration structures," Heather Ridout, the Australian Super chair told company directors yesterday. read more

YBR lending melts down

A collapse in core business value at Yellow Brick Road will invite questions over how many more financiers may unveil writedowns in synch with the credit slowdown.YBR is confronting its exit from the.. read more