Former UK Prime Minister Harold Wilson once said that a week is a long time in politics, well, if that rings true then the past year in financial services has been an eternity.
Looking back to the collapse of US-bank Lehman Brothers, it is frightening how close …
Subtlety isn’t necessarily a good thing when it comes to bank security, often the best way to deter would-be-robbers is through clear and open displays of fire power – though even this doesn’t always work.
In Manila, banks have their own branded and comical-looking security vans that appear …
The big four bank’s mortgage footprint remains firmly on the throats of the remaining Australian lenders - continuing to asphyxiate an industry it already controls.
Don’t get us wrong, residential lending competition isn’t dead in Australia, it’s just mortgage borrowers continue to shun other lenders offering lower rates, and …
Britain’s Financial Services Authority (FSA) this week added ink to its previously pencilled plans to reform financial services for the benefit of UK consumers.
The primary notion of the Retail Distribution Review (RDR) is to reduce the dependence of financial advisers on product commissions as their primary source …
The whopping 150 year custodial sentence handed down in the US this week to Bernard Madoff provides limited reprieve to the thousands of investors who lost money.
The publicity surrounding the $65bn fraud raises questions again over inadequacies of Government and regulators to monitor a system that is …
Job losses have affected an additional 200,000 Australians over the past quarter despite the flat economic growth figures released this week.
11.3% of Australians point to a member of their household losing their job over the past three months, up from 9.7% in the previous reporting period – …
