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LATEST ARTICLES
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Cornered by Euromoney, former Aussie PM Kevin Rudd was less scathing of his political rival Wayne Swan in person than he is in print.
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One thousand pages tell us plenty about bank misconduct – but nothing new, and it’s all in the price. Asic is the most embarrassed institution in Australia today.
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The announcement on Thursday that Shemara Wikramanayake will replace Nicholas Moore as CEO of Macquarie Group in November is significant for two reasons.
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Non-bank market makers in Australian FX are not taking away many big clients from banks, but they are taking meaningful market share in smaller clients.
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Australia is used to regulatory and reputational calamity, but a case against ANZ, Citi and Deutsche has taken a more personal turn.
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Bloodbath at AMP and the crowdfunding of startup Xinja are signs of new era.
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The likely recommendations from Australia’s investigations are changes that should have been made years ago.
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From late-night beginnings in suburban Sydney, a new payments system is transforming shopping down under – and possibly beyond. Meet the two entrepreneurs behind this fintech hotshop.
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As chief executive of Westpac, Gail Kelly was a trailblazer for women in finance. She learned the hard way about the battle for equal pay. Now she is trying to use her experience to encourage others.
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Australian banks will face a year-long review into their conduct, but it’s not clear what they will expose that’s not already out there.
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Domestic real-time payments are spreading as more countries adopt the technology, but the move to international, cross-currency payments is still some time off.
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When accusations of anti-money-laundering failures became the latest hit to Commonwealth Bank of Australia’s reputation, chief executive Ian Narev announced his retirement, but first he spoke to Euromoney about the challenges of banking in a market where everyone’s a critic.
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As Singapore reinforces its position as the leading FX trading centre in the Asia Pacific region, Euromoney looks at the prospects for other regional hubs.
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Consultant sold to own staff by NAB; Australian banks simplify and divest.
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No other sovereign wealth fund looks like Australia’s. Its chief investment officer reckons that, by some measures, almost two-thirds of the fund is in alternative or illiquid assets. Even so, it’s working.