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Showing 11 - 20 of 17931 results for "Bank"

ASIC flags stronger fintech collaboration

VINNY VUCAGO  |  THURSDAY, 28 MAY 2026
... and financial institutions alike to balance innovation with consumer protection and operational resilience. Commonwealth Bank of Australia group executive Stuart Munro described the current pace of technological development as "an exceptional moment ...

Inflation eases, experts split on next RBA move

VINNY VUCAGO  |  WEDNESDAY, 27 MAY 2026
... higher. Underlying inflationary pressures also remained elevated. Trimmed mean annual inflation closely watched by the Reserve Bank of Australia (RBA) as a measure of underlying price growth, edged up to 3.4% in the 12 months to April 2026, up from 3.3% ...

Russell Investments wins $8.6bn mandate

ELIZA BAVIN  |  WEDNESDAY, 27 MAY 2026
Russell Investments has been appointed by Income Insurance, a Singapore-based composite insurer, to manage an $8.6 billion foreign exchange (FX) overlay mandate across its global investment portfolio. Income Insurance manages a diversified $33.6 billion ...

ASX tech spend drives capex to $200m

KARREN VERGARA  |  WEDNESDAY, 27 MAY 2026
... notably the Accelerate program. The program involves a reset of new targets and benchmarking agreed to by ASIC and the Reserve Bank of Australia (RBA) and "reviewing workstream target states to ensure appropriate aspiration" for its key role as the operator ...

Westpac fined $26m for financial hardship neglect

KARREN VERGARA  |  WEDNESDAY, 27 MAY 2026
Major bank Westpac has copped a $26 million fine for neglecting customers facing financial hardship over a six-year period. The Federal Court found the bank failed 277 customers facing financial troubles by not providing a written response to their ...

Deutsche Bank names head of platform sales in Australia

ELIZA BAVIN  |  TUESDAY, 26 MAY 2026
Deutsche Bank has reaffirmed its commitment to being a long-term partner to Australian clients with a new appointment. Steve Hair will join the group as head of platform sales for the institutional client group (ICG) in Australia. Prior to joining Deutsche ...

MPC Markets partners with HeirWealth

VINNY VUCAGO  |  TUESDAY, 26 MAY 2026
... will also be able to access HeirWealth Portal directly, extending reporting beyond advised portfolios to include personal bank accounts, property, insurance holdings and collectibles. The portal also includes document storage, wealth calendar functionality ...

Cbus pushes for lead generator ban

VINNY VUCAGO  |  TUESDAY, 26 MAY 2026
Cbus Super has renewed calls for a ban on superannuation lead generation activity, warning sophisticated digital marketing tactics are increasingly being used to pressure Australians into switching retirement savings into higher risk and less regulated ...

MUFG scores administration mandate

ELIZA BAVIN  |  MONDAY, 25 MAY 2026
... agreement, MUFG Retirement Solutions will provide core administration services supported by its integrated technology platform, bank-grade governance framework and Clientfirst operating model. The partnership also covers contact centre support, online ...

ATO sounds alarm as Payday Super deadline nears

VINNY VUCAGO  |  MONDAY, 25 MAY 2026
... Employer Super with MYOB, Employment Hero, and Reckon. The firm is also relaunching Essential Super for business to Commonwealth Bank business customers in June, including a clearing house payment facility designed to help employers manage contributions ...