This Month
What it’s like to fall for a crypto scam
Christine Collins, 79, was unknowingly in the thrall of cryptocurrency scammers who had hacked her computer.
- Nina Hendy
December 2024
‘Like a star football player’: meet ANZ’s next CEO
Born in Portugal with a globetrotting career spanning Peru, Brazil, Mexico and Hong Kong, Nuno Matos’ route to Australia has been an unlikely one.
- Lucas Baird
ANZ’s risky new CEO; Assads ‘like mafia’; ‘Shoebox’ fetches $850k
Read everything that’s happened in the news so far today.
Chinese exporters race to dodge Trump’s tariffs
Sellers from China, Canada and Mexico are rushing to front-load shipments into the US before the levies rise.
- Joe Leahy, Tina Hu and Wenjie Ding
‘Dad has never done a deal like this’: Ben Weiss’ wartime buyout
The son of famed corporate raider Gary Weiss has just pulled off a deal to take an AI company private in Tel Aviv. It nearly didn’t happen.
- Paul Smith
November 2024
CBA exit hands $5b in assets to LGT Crestone
As first reported by Street Talk, CBA sold the Commonwealth Private business and its $5 billion in funds under management to LGT on Monday.
- Lucas Baird
October 2024
BRICS alliance takes on global payments system
The group of developing nations is attempting to challenge the SWIFT international payments messaging system by setting up its own sanctions-proof one.
- Jessica Sier
HSBC unveils sweeping overhaul, names first female CFO
The bank plans to separate east from west and replace three units with four, in a move it says will simplify its business.
- Ortenca Aliaj, Kaye Wiggins and William Sandlund
- Opinion
- Scams
Scam reform lacks teeth
Australia has been a happy hunting ground for criminals running high-tech scams. New laws may not help consumers seeking compensation.
- Tony Boyd
HSBC targets senior bankers in cost-cutting plan
New bank chief Georges Elhedery is working on restructuring that could save as much as $446 million.
- Ortenca Aliaj and Kaye Wiggins
September 2024
Out of a job, not ready for golf: the rise of the portfolio career
Today’s public company chief executives and top leaders simply do not last as long in their jobs as they once did, so there are more unemployed high-flyers keen for work.
- Brooke Masters
China urged to spend up to $2.1 trillion to battle deflation
Economists warn the more embedded deflation becomes, the more it will cost to dispel it through stimulus measures.
- Joe Leahy and Thomas Hale
Investment banks slash China growth forecasts as confidence wanes
Analysts are increasingly sceptical that Beijing will reach its 5 per cent economic growth target for 2024.
- Thomas Hale
August 2024
Why CEOs working from home may be the new trend
Starbucks’ new boss Brian Niccol has decided to base himself in California rather than headquarters, dividing opinion among workplace experts.
- Michael O’Dwyer and Emma Jacobs
July 2024
- Analysis
- Global economy
China’s low-tech manufacturers hanging on by their fingernails
China is shifting more to high-tech and EV manufacturing as its clothing, toy and furniture factories struggle against anaemic orders, trade restrictions and competition.
- William Langley
Bankers seeking their next big pay day are chasing these clients
Investment banks are now after riskier, smaller companies so they can pounce on the spoils of a trophy listing or a huge sale to private equity.
- Aaron Weinman
How the chairman became the unquestioned power at this bank
Mark Tucker, the chairman of HSBC, has spent years establishing himself as the dominant figure at the heart of Europe’s largest financial group.
- Harry Wilson, Laura Noonan, Donal Griffin and Ambereen Choudhury
June 2024
Bankers sacked for faking work in rise of ‘mouse jigglers’
US banking giant Wells Fargo dismissed members of its wealth and investment management arm after investigating claims that they were pretending to be busy.
- Hannah Levitt
May 2024
How to get 50,000 frequent flyer points and gold status
Air Canada is joining a string of carriers expanding in Australia, hoping to capture travellers fed up with being unable to use their frequent flier points.
- Ayesha de Kretser
- Exclusive
- Venture capital
Big win for Square Peg as Nvidia buys AI start-up Deci
The Melbourne VC firm will soon be toasting a rich profit on its investment in an Israeli AI start-up, when it is acquired by chip titan Nvidia for $447 million.
- Nick Bonyhady