australian banks

Expert Analysis

Investors need to be more selective with financials

The recent failures of US banks, Silicon Valley Bank (SVB) and Signature Bank, have unnerved investors globally, writes ST Wong....

Financial planning

Aussie bank risk strategies must evolve: EY

As technology and the current focus on the financial sector is putting stress on institutions to enhance their capabilities, their risk management functions must also evo...

Funds management

CBA initiates new process on wealth separation

The Commonwealth Bank has initiated a new process and appointed new executives as it seeks to exit its wealth businesses following the separate sale of Colonial First Sta...

Policy & Regulation

ASIC dubs breach reporting delays “unacceptable”

A review by the regulator has described delays by financial institutions in reporting, addressing and remediating significant breaches as “unacceptable”....

News

Bendigo and Adelaide Bank lifts FY cash profit 6.4%

The country’s fifth largest bank has delivered underlying cash earnings of $445.1 million for fiscal 2018, following a strong performance across its Local and Partner div...

Policy & Regulation

Banks pledge to improve fraud protection

Five Australian banks have agreed to improve their compliance measures and controls for deposit accounts that can be operated by a third party, such as a financial advise...

Financial planning

Australian banks retain digital leadership

Australian banks lead the way in digital readiness, according to the Avoka Digital Sales Report. ...

Funds management

Australian banks still attractive, says DNR Capital

Even though they have been in the headlines recently for all the wrong reasons lately, investment manager DNR Capital believes Australian banks offer attractive investmen...