The insurance arm of Commonwealth Bank's wealth management division remains subject to investigation by ASIC, although the regulator found no evidence of undue pressure on doctors to change or alter their medical opinions. read more
Financial institutions / Big five & fintech (1,273 items)
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Regulators are testing ways to cool the housing boom by limiting loans to investors, but their impact may be muted as tech-savvy borrowers turn to fintechs to access cheaper rates offered by non-bank lenders. read more
Briefs: ANZ reviews PR agencies, UDC Finance on CreditWatch, ASIC updates adviser guidance, and more
Australian and New Zealand Banking Group is conducting a review of its public relations agency panel, Mumbrella has revealed. read more
During the second half of a panel discussion on "Competition in financial services" at ASIC's annual forum yesterday, the tone turned decidedly Shakespearean when Wayne Byres, chairman of the Australian Prudential Regulation Authority, said he refused to use a certain B-word. read more
Martyn Wild, chief investment officer of Westpac's BT arm is the subject of allegations of personal misbehaviour at work toward two female staff. read more