Macquarie profit ‘slightly down’ in first quarter

This post was originally published on this siteMacquarie Group says the outlook remains highly uncertain, with profits dipping slightly in the first quarter as its businesses face challenges from

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CBA punts $28 million into Square Peg and Zetta Ventures Partners

This post was originally published on this siteCommonwealth Bank is teaming up with venture capitalists including Seek co-founder Paul Bassat, as the banking giant punts on startups, targeting

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Suncorp boss exerts authority with senior executive shake-up

This post was originally published on this siteSuncorp Group chief executive Steve Johnston is moving to put his stamp on the financial conglomerate, unveiling a restructure that will result in

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NAB taps tech-savvy banker from Canada to run its largest division

This post was originally published on this siteNational Australia Bank has picked a new head for its flagship business bank, hiring Andrew Irvine from Canada’s Bank of Montreal, as chief

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Westpac vows to lift game after ‘serious failure’ in AUSTRAC scandal

This post was originally published on this siteWestpac chairman John McFarlane has vowed the bank will lift its game on risk management after two major investigations blamed technology failures,

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ANZ ‘hopeful’ COVID loan deferrals not as dire as feared

This post was originally published on this siteANZ Bank chief executive Shayne Elliott says half the borrowers who deferred mortgage payments under an emergency relief scheme have not suffered a

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ANZ ‘hopeful’ COVID loan deferrals not as dire as feared

This post was originally published on this siteANZ Bank chief executive Shayne Elliott says half the borrowers who deferred mortgage payments under an emergency relief scheme have not suffered a

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CBA braces for $1.5b in bad debts from ‘substantial’ shock

This post was originally published on this siteThe Commonwealth Bank is bracing for a $1.5 billion wave of bad debts caused by a sharp contraction in the economy, with loans to households

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Investors warned banks could suspend dividends

This post was originally published on this siteInvestors have been warned that three of the nation’s big banks could suspend their dividends for the first half, after the regulator told

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Virus to drive markets as futures point to rise in ASX 200

This post was originally published on this siteExtraordinary government attempts to limit the economic fallout from the coronavirus crisis are set to continue driving markets this week, as the

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