The profitability of the big four banks’ New Zealand businesses will go under the microscope as part of a new inquiry launched by the NZ government.
The big four banks are expanding their back office footprint in India,citing a shortage of necessary technology talent in Australia.
NAB’s Alan Oster,one of the nation’s most respected economists,says the Reserve Bank’s many interest rate rises will lead to a 200,000-job spike in unemployment.
NAB shares have done pretty well compared with most rivals,but it’s been the weakest of the big four banks since the start of this year.
The fraud against an investment house tied to one of America’s biggest companies,TPG Capital,sounds more suited to the pages of a modern-day financial crime thriller.
He was the Wallabies ballboy who grew up to become the Waratahs and Australia captain. Now Phil Waugh is taking over as the chief executive of Rugby Australia.
As hype about artificial intelligence grips markets,bankers are looking at the benefits and costs of using the technology in their vast businesses.
Peter Dutton’s attacks on the Voice are bitterly disappointing
Ross McEwan believes another one or two Reserve Bank rate rises lie ahead before we get to the peak.
High-net-worth investors favour the shares of the big Australian listed companies,while shunning trendy investment themes.
NAB chief executive Ross McEwan has backed some form of cost-of-living relief for lower-income households being squeezed by high inflation.