Banking royal commission: superannuation jargon jungle does little for members

Banking royal commission: superannuation jargon jungle does little for members

The phrase that may have summed up day one of the royal commission's round on superannuation came from counsel assisting Michael Hodge QC: “I
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Facebook might add your banking info to Messenger (update)

Facebook wants to incorporate your banking info into Messenger and has approached companies like JPMorgan Chase, Wells Fargo, Citigroup and
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Ujjivan Small Finance Bank to retire Rs 2000 crore high cost debt to boost profit

Ujjivan Small Finance Bank is planning to retire its entire gamut of high cost borrowing in the next 12 months to lower cost of funds while the general
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Trump Loses a Battle in His War on Truth

Francis Wilkinson writes editorials on politics and U.S. domestic policy for Bloomberg Opinion. He was executive editor of the Week. He was
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Super trustees have been left unchecked 'with our money'

IT'S an industry where thousands of dollars of your money is tied up. And the conduct of the people investing it is completely unchecked. Megan Neil
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3 Danville real estate agents among 5 killed in Southern California plane crash

SANTA ANA — Witnesses watched in horror as a small plane banked low in sunny skies over a Southern California shopping center and then
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Vietnam court jails 46 bankers, execs for loan scheme

Hanoi (AFP) – A court in Vietnam convicted 46 former bankers and businessmen of corruption on Monday over a multi-million-dollar lending scam
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Where's my bonus? Private bank CEOs still waiting for their payouts

Stress in the Indian banking sector is also weighing on top management salaries. Chief executive officers (CEOs) of private banks are still waiting to
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Facebook has asked big US banks to share customer data so it can offer services: WSJ

Facebook Inc. FB, +1.84% has asked big U.S. banks to share financial information on their customers that includes checking account balances and
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Crypto Pumps Are Just for Fun

“Cryptocurrency exchanges are unregulated markets, so the kind of market manipulation banned on, say, the New York Stock Exchange can
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Sensex, Nifty scale new records, banking, telecom stocks lead

Mumbai, Aug 6 () Market benchmark Sensex and Nifty today advanced up to 0.36 per cent to close at fresh record levels largely on the back of gains in
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D-Street Buzz: Banking stocks gain with SBI, ICICI Bank up 2-3%; JP Power zooms, Whirlpool hits …

Moneycontrol News. The Indian market hit fresh record highs in morning trade with Sensex rallying over 200 points to hit a record high of 37,791 while
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Danske's Legal Woes Grow as Denmark Opens Money Laundering Probe

Danske Bank A/S's legal jeopardy is deepening. Prosecutors in Denmark said on Monday they had opened a criminal investigation into the bank,
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Schroders hires head of real estate capital

Robin Hubbard was named head of real estate capital at Schroder Real Estate Investment Management, a spokeswoman said. The position is new.
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Facebook to Banks: Give Us Your Data, We'll Give You Our Users

Facebook has told banks that the additional customer information could be used to offer services that might entice users to spend more time on
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Turns out superannuation is a money-making dark art

Submissions to the royal commission that related to superannuation were a fraction of those that dealt with banking. The public far better understands
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Steyn banking on experience for one last tilt at World Cup

Dale Steyn is determined to make next year's World Cup his limited overs swansong and thinks his experience could make a big difference to South
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Indonesia Returns Superyacht at Center of Malaysia's 1MDB Probe

Kuala Lumpur, Malaysia (AP) — Malaysian Prime Minister Mahathir Mohamad said Monday that Indonesia has handed over a luxury yacht allegedly
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CMB's private banking unit posts record growth in assets

China Merchants Bank (CMB) Private Banking's assets under management have reached a new record and exceeded two trillion yuan ($292.79
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Vietnam jails former bankers in graft crackdown

HANOI (Reuters) – A court in Vietnam handed lengthy prison terms on Monday to several former bankers accused of mismanagement, amid a
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