Financial planning has gotten beyond a joke

When comedian Shaun Micallef's latest episode of Mad as Hell did a spoof on the scandal-ridden financial planning industry it was a signal that the shenanigans had well and truly entered in the public psyche.


Black money: Lodhya denies having a Swiss bank account

City-based bullion trader Pankaj Lodhya, who has been named by the Centre in an affidavit filed before the Supreme Court in the black money case, today denied having a foreign bank account and said he was shocked to find his name in the list.


ASIC continues Macquarie remediation

The Australian Securities and Investments Commission (ASIC) has pointed to its remediation work with Macquarie Private Wealth as one of its steps towards the regulator "doing a better job".


Banks Face $100 Billion Fund Gap on Rules: Japan Credit

While Japan’s bank lobby has signaled its opposition to the plan, the nation’s low interest rates would help lenders issue the so-called bail-in bonds cheaply, according to Deutsche Bank AG analyst Yoshinobu Yamada.


Investors seek delay to HK-Shanghai stock tie-up

Some of the world's biggest banks and asset managers have asked the Hong Kong securities regulator to delay a landmark China stock trading link that could generate billions of dollars of trade a day due to uncertainty over the scheme rules