Financial institutions / Big five & fintech (1,580 items)

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Cybersecurity tops chief risk officers' list of worries

The chief risk officers and their teams within financial services firms are primarily concerned with cybersecurity and data-related risks at their firms, according to the eighth annual global bank risk management survey of chief risk officers run by EY and the Institute of International Finance. read more

ANZ to exit Philippines credit cards business

The sell-down by ANZ Group of its non-core, non-home market businesses continues apace with the announcement that ANZ has agreed to sell half of its 40 per cent stake in the Philippines based Metrobank Card Corporation. MCC has more than 1.5 million credit cards in force in the Philippines. read more

FMA gives go-ahead for roboadvice in NZ

The Financial Markets Authority of New Zealand is going ahead with an exemption to the laws covering financial advisers that will clear the way for "personalised robo-advice", although firms will have to jump through another hoop and wait a little longer than expected before launching online advice services. read more

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