Prospa soars in ASX debut
Online lender Prospa has started life on the ASX with a bang, with its shares surging almost 20pc.
Online lender Prospa has started life on the ASX with a bang, with its shares surging almost 20pc.
Banks risk becoming just a funding source unless they fend off the threat to their customers from tech giants, a fintech chief says.
Mortgage broking group AFG is restructuring its executive bench to give more prominence to regulatory and industry engagement.
The staff raid by Jefferies on CLSA, to ramp up in Australia, is expected to see Michael Stock take charge.
A spate of banks including Commonwealth and Macquarie have hit savers and retirees with cuts to term deposit rates.
CLSA Australia has suffered a massive blow with 25 staff resigning at once.
For the BoQ board and incoming CEO George Frazis, a targeted business banking strategy would be a priority.
Bank of Queensland’s new chief executive George Frazis will need to make tough decisions when he takes the reins in September.
Bank of Queensland in strongest signal yet it’s exploring strategic deals, as George Frazis is made CEO.
ANZ cut almost 20 term deposit rates in the lead-up to Tuesday, with the biggest reduction at 0.6 per cent.
Original URL: https://www.theaustralian.com.au/author/joyce-moullakis/page/168