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Diversified financial services group MyState has reported a net profit after tax of $31.5 million for the 2017/18 year, using its upgraded digital capability to expand its banking services along the e.. read more

In the face of diminishing customer trust, smaller mutual banks see opportunities ripe for the taking, especially for organisations wanting to carve out some market differentiation by partnering with.. read more

Westpac's group chief information officer, Dave Curran, has decided to retire from Westpac at the end of January 2019, with a global technology leader from Citigroup named as his successor. read more

The effectiveness of MySuper mystery shoppers and a tick-a-box approach in managing the risk that bank staff were breaking financial advice rules were put to Mark Pankhurst, ANZ's head of superannuati.. read more

According to a Moody's report, both of the options proposed in an APRA discussion paper to improve the transparency, comparability and flexibility of Australia's bank capital framework would be credit.. read more

The A$1 billion sale of OnePath by ANZ is at risk of being stranded in a minefield of internal and external conflicts, caught between doing the right thing by members of the OnePath fund versus obtain.. read more

Bank-owned and industry funds failed to understand and effectively deal with the ramifications of the introduction of MySuper, evidence from yesterday's royal commission hearings suggests. read more

Thus far, the much anticipated grilling of the industry super funds by the Hayne royal commission has been a fizzer for their critics. read more

Following a review by ASIC, five of Australia's largest retail banks will improve compliance measures and controls for deposit accounts that can be operated by a third party, such as a financial advis.. read more

Niche non-bank financing specialists continue to move into areas previously dominated by the big banks, with securitisation once again featuring. read more