Just why the government was so keen to shield an industry where wrongdoing had been obvious is not entirely clear.
It seems many Australians are over-insuring when it comes to funerals.
The financial services industry is nothing more than gambling, dressed up in the ‘professional’ clothing of business.
The EU has ruled out any cherry picking from the UK for things like single market access for financial services.
The Australian Banking Association says ‘nearly 80% of bank profits go straight back to shareholders’, the majority of whom are ‘everyday Australians’. Is that right?
Seldom is a government’s impotence and frustration as much on display as it was when Malcolm Turnbull finally capitulated and announced he would set up a banking royal commission.
Should we care about the loss of an industry that normally lives in the shadows?
Regulation and oversight could be the saviour or the death of a Bitcoin and others.
If the UK fails to maintain its global outlook, it could lose business to a globalist France.
The new Internet of Things has the potential to compensate for Africa’s legacies of underdevelopment.
Entities at the centre of the storm engulfing South Africa’s social grants distribution system have claimed to be champions of financial inclusion. The claim in itself is scandalous.
South Africa might want to consider raising its retirement age to 70 to cope with a challenge of an ageing population that’s under-insured and relying on an already pressured public purse.
If the merger goes ahead, the new index would be Europe’s largest, giving it dominance within the EU and a strong position in international trading too.
The Conservatives may be willing to sacrifice what’s left of the UK’s beleaguered social model to maintain the City’s global status.
The one audience that was prepared for a hard Brexit, it seems, was the City of London.
London and Brussels should be constructive about Brexit – for both their financial benefit.
The latest Productivity Commission report on how consumer law is being used shows that the same issues still haven’t been addressed for years.
Customers still want personal interaction with their bank, but do banks need branches to deliver it?
Following the Brexit vote, a number of cities are queuing up to take London’s place as Europe’s financial centre.
The fears about the City don’t look overcooked – here’s why.