ASIC ‘was warned about problems with ASX CHESS upgrade’
The Australian Securities & Investments Commission was among the regulators that received multiple warnings about problems with the ASX’s key technology overhaul project.
The Australian Securities & Investments Commission was among the regulators that received multiple warnings about problems with the ASX’s key technology overhaul project.
The regulatory issues hanging over ANZ have spurred rival Commonwealth Bank to conduct a detailed review of its own institutional banking and markets arm.
CBA investors will receive a record final dividend but bank boss Matt Comyn has raised the alarm over the housing shortage and says customers are finding it ‘harder and harder’.
The corporate regulator should be able to bank any winnings it gets from its successful litigation, according to experts.
Neobank business lender Judo is expected to report a profit crunch when it unveils its full-year earnings next week, despite efforts by the bank to slash costs.
Regulators and business figures say Australia’s corporate regulator should be split, but any successor must be supported in fighting financial crime.
Double Bay property player the Pallas Group is expected to announce a new wholesale financial lending facility from a major financier, rumoured to be US investment bank Goldman Sachs.
US economic updates will determine the week’s direction, even as the local market takes cues from blue-chip corporate earnings.
Australia’s corporate regulator needs a US-style law enforcement approach and its current model is unworkable, the chair of an inquiry into ASIC says.
ANZ’s investor relations team is going ahead with a shareholder survey of perceptions of the bank which is expected to spur a raft responses about its handling of the bond trading scandal.
Original URL: https://www.theaustralian.com.au/author/david-ross/page/5