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13 December 2017 • By • 1 min read

Commonwealth Bank challenges AUSTRAC claims

The Commonwealth Bank has issued its response to the civil proceedings commenced against it by AUSTRAC, saying it contests “a number of allegations”

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Australian-made global equity funds on the up

Australian-based global equity funds have enjoyed a resurgence over the past five years, says Zenith – both in total number and overall funds under ...

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Private debt boutique to launch in February

Former Challenger head of fixed income Bob Sahota will launch a new private debt investment firm called Revolution Asset Management in February 2018

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Cromwell makes $170m strategic placement

Cromwell Property Group has announced a $170 million strategic placement in two Singaporean property development and real estate investment companies

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Basel III framework finalised

The international Basel III agreement on bank capital has been finalised, with APRA confident that Australia’s largest banks will meet the new rules ...

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Australians unsure about group insurance

Most Australians are aware that they have insurance inside their superannuation, but many are uncertain about the details, according to MetLife ...

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APRA appoints executive general manager

The prudential regulator has appointed the chief operating officer, treasury of Deutsche Bank London to the newly created role of executive general ...

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ASX ‘monopoly’ tipped to continue

The ASX looks to maintain its position as the dominant Australian bourse thanks in part to its recently announced commitment to adopt blockchain ...

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Banking royal commission ‘unnecessary’: Westpac

Westpac’s top brass has expressed hopes that the recently announced royal commission into financial services will put a stop to further inquiries into ...

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IOOF may face lower value ANZ Wealth assets

Internal and external factors pose risks to the “earnings guidance” provided by ANZ ahead of IOOF’s purchase of its wealth subsidiaries, says an ...

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