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Interest-only borrowers are poor money managers and a high risk "red flag" for financial institutions, claim Morgan Stanley researchers. read more

A new report from McKinsey warns that banks need to take "no-regret measures" now to mitigate €120 billion in capital requirements and avoid an ROE haircut once the Basel IV reforms take effect. read more

Robert Ansell, head of US cash equities for Macquarie Group, left the bank weeks before a colleague alleged in a lawsuit that she was pressured into having an affair with him, Bloomberg and the AFR re.. read more

A group of Norwegian banks are preparing to merge their payments systems in an effort to protect themselves from an expected challenge from Silicon Valley. read more

New Zealand's Financial Markets Authority has begun publishing an interactive tool tracking the performance of KiwiSaver funds. read more

The Royal Bank of Canada is now one of 30, global systemically important banks or G-SIBs. read more

The RBA says advertised and unadvertised discounts to reference rates are "commonplace", and the degree of discounting has increased over the past year. read more

Perpetual CEO Geoff Lloyd has announced he will step down from the role at the end of the financial year, next June. Lloyd has been with the financial services group since 2010, and CEO since 2012. read more

With 87% of shoppers still preferring the instore experience in their purchasing behaviour, retailers, service centres and financial institutions must build engagement and customer experience within.. read more

The recent decline in the unemployment ratio may be a worrying trend for those with a fix on a natural rate of unemployment. read more