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18 October 2019 • By James Mitchell • 1 min read

Why did Latitude’s IPO fail?

It was poised to be one of the biggest public offerings of the year, but for a second time Latitude Financial failed to list on the ASX this week

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Royal commission has weakened regional banks

Bank of Queensland posted a 14 per cent fall in profits for the 2019 financial year as the fallout from the Hayne royal commission burdens smaller ...

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Wealth business to be built on client need: AMP

AMP’s recent changes to its wealth management business is around getting to a simpler business “led by client needs” and “not by selling products”, ...

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Aus investors flag turbulent global politics

Australian fixed-income investors have named political and geopolitical risk to be the greatest threat to domestic credit markets over the next 12 ...

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‘I don’t want to create a police state’: ASIC chair

ASIC chair James Shipton has highlighted the role of professionalism in financial services as it adopts new product intervention powers, saying he ...

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One-stop shop banking model unsustainable: Wisr

Smaller banks outside the big four will have to rethink how they operate with the traditional model of being a hub for all banking and financial ...

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APRA used new powers, but won’t name names: annual report

APRA claims it has already used powers given to it by the parliament in April against a number of super funds but did not name them in their annual ...

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APRA concedes to IOOF judgement

APRA has chosen not to appeal the Federal Court decision to dismiss its court action against IOOF, which alleged the wealth giant had failed to act in ...

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First Sentier nabs Sustainalytics director

Global investment manager First Sentier (formerly Colonial First State) has appointed former Sustainalytics director Kate Turner as its new ...

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T. Rowe Price adds NAB manager

Global investment firm T. Rowe Price has appointed Allianz and NAB veteran Cassandra Crowe as head of consultants in a bid to enhance engagement ...

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