The necessary bailout of the Swiss banking giant has only reiterated the importance of corporate governance, according to portfolio managers at First Sentier Investors.

DASH chief executive, Andrew Whelan, has shared his plans for improving advice technology as the company secures venture funding capital.

Australia is among the best countries in the world to be protected from the fallout of the global banking crisis, according to Fidelity Australia’s head of investments, Paul Taylor.

A former director from New South Wales has been charged with dishonest conduct in relation to a financial product or service after obtaining $459k from clients for his own benefit.

The financial group’s cash at bank on settlement was expected to exceed $45 million in selling 80% of its equities clearing business to New Quantum.

Former RBA governor Robert Johnston, who held the post for seven years, has died.

Maple-Brown Abbott has expanded its fund range with the launch of a global emerging market equity fund.

Lonsec has integrated its Lonsec Investment Solutions business with Implemented Portfolios Limited’s managed account solutions to offer a broader suite of investment options.

Whilst Western nations mitigate inflationary pressures, China’s economic recovery will underpin Asia ex-Japan growth, says fund manager Jonathan Wu.

Credit Suisse is set to be acquired by its local competitor amid ongoing fears over the bank's viability.