Hello bank! farewell branches 04 June 2015 4:47PM Any large bank with cumbersome legacy systems would do well to copy the approach taken by French major BNP Paribas to increase engagement with the next emerging cohort of young customers. read more
ASIC warns poor culture leads to poor outcomes 04 June 2015 4:45PM ASIC Chairman Greg Medcraft yesterday appeared before the Senate Estimates Committee, keen to demonstrate the work ASIC is doing around the issue of culture. read more
Trusted advice needed, investors kept at bay 04 June 2015 4:42PM In a media presentation yesterday, Deloitte partners outlined their views on why there is a big opportunity for the advice industry as a whole - if only the financial advice industry could resolve the.. read more
Auswide rebrands, gets upgrade 04 June 2015 4:41PM In a vindication of the argument run by the mutuals sector in favour of adding the word "Bank" to a mutual's name to improve its funding prospects, Standard & Poor's Ratings Services has revised i.. read more
Small players look to become small targets 03 June 2015 4:54PM In a panel discussion at yesterday's AB+F Retail Financial Services Forum, executives from three second-tier financial services that have undergone or in the process of running "transformation" projec.. read more
ING Direct aims to disrupt with platform integration 03 June 2015 4:10PM Lisa Claes, executive director of distribution at ING Direct, has outlined how her bank - itself seen as a "disruptor" when it first set up shop in Australia - is preparing to meet the emergence of so.. read more
Corporate treasurers bring new pressure to banking relationships 29 May 2015 3:37PM Regional corporate treasurers are likely to start expecting more from their transactional bankers. This is the conclusion drawn by BNP Paribas and The Boston Consulting Group after surveying 500 corpo.. read more
Mining town home loans defaults on the rise 29 May 2015 3:36PM Factors such as falling prices for iron ore are having an effect on the arrears levels of the loans underlying residential mortgage-backed securities transactions in mining areas nationwide. read more
CBA sued for US$2.5 million over IT bribery case 28 May 2015 4:30PM ACE Foundation, a charitable organisation in the US, has filed papers in a California court, alleging "wrongful conduct" by the Commonwealth Bank of Australia has deprived it of US$2.5 million. read more
Asset transformation towards liquidity 28 May 2015 4:27PM In his keynote address to the Thomson Reuters 3rd Australian Regulatory Summit, Philip Lowe, Reserve Bank Deputy Governor, outlined the state of play in creating a less risky and more liquid financial.. read more