OTC debt drags on ASX

A writedown on the carrying value of the ASX's stake in Yieldbroker, an OTC rates trading platform, take the shine off a 9% bump in profit for the exchange amid surging trading volumes. read more

Pandemic insurance test case launched

The Insurance Council of Australia has launched proceedings in the NSW Supreme Court to test the limits of infectious diseases exclusions in business interruption policies. read more

Sudden departure for AMP's head

Alex Wade, the chief executive officer of AMP Australia, will step down and leave the business, effective immediately, the company announced yesterday. read more

CBA's new tech hub

CBA’s new Sydney workplace that will house 5500 CBA staff, including those working in the group's Innovation Labs, has been completed. read more

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