Global wealth management industry had a solid business year

In spite of financial market uncertainties and currency volatility most lead players experienced overall growth in client volumes. However, the latest KPI growth rates came off the higher ratios in the previous reporting year.


Peer-to-peer lending no threat to banks

Australians could be borrowing an estimated $22 billion from each other rather than banks within five years, but experts say the rise of peer-to-peer lending shouldn't bother the country's major banks.