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American Express card holders are expected to be among the first locals to use Apple Pay in Canada and Australia, when they start to make purchases at eligible stores, using an iPhone, Apple Watch or.. read more

The CBA's financial advice compensation scheme, set up when the group was under considerable pressure to redress poor financial advice, has been labelled "a joke" by Russell Phillips, a former assesso.. read more

At the annual general meeting for IMB Bank earlier this week, the bank's retiring chairman, Michael Cole, took the opportunity to pitch for "a merger with another mutual ADI." read more

The current stage of the business cycle is a good time for turnaround specialists to be cashed up, according to Tony Duthie, managing director at Pacific Equity partners. read more

The smaller mutual and challenger banks are still leading the majors on home loan customer satisfaction, if the latest findings from Roy Morgan's survey of home loan customers are any guide. read more

In his introductory speech to the Senate Economics Legislation Committee, Greg Medcraft, ASIC's chairman, said he welcomed the Government's response to the Murray Financial System Inquiry a day earlie.. read more

During the Senate Economics Legislation committee meeting yesterday, it fell to ASIC deputy chairman Peter Kell to respond specifically to questions about alleged rogue HSBC advisor Simson Kwok. read more

Fitch Ratings has assigned expected ratings to SMART ABS Series 2015-3US Trust's asset-backed floating-rate notes. The issuance consists of notes backed by automotive and equipment leases and loans, a.. read more

Specialty non-bank financial services company Liberty Financial has had its outlook upgraded to 'positive' from 'stable' by Standard & Poor's Ratings. read more

Westpac Banking Corporation yesterday put capital restructuring and mortgage rates back on the Big Four agenda when it surprised the markets with an equity capital raising, one of the largest this yea.. read more