Financial Services

Bitcoin investors lash out at creditors' meeting

by AAP
Collapsed MtGox accused of lack of transparency on missing money.

EU hedge funds scramble to meet new rules

Funds express confusion over submissions, detail of new EU regulations.

EU approves overhaul of Greek banks

Regulators say government support for the nation's two biggest lenders in line with EU rules.

Banco Espirito Santo's main stakeholder placed in receivership

by AAP
Portuguese president says Espirito Santo International's problems could affect nation's economic recovery.

Bendigo Bank settles class action

by AAP
Investors hit by Great Southern collapse agree on loan classifications.

Nomura names joint heads for local IB business

John Hanson, Andrew Macgonigal to jointly replace Ian Maxton in August.

Business leaders call for new bipartisan era

Michael Chaney has called on the opposition and minor parties to embrace bipartisanship.

CBA, NAB, Westpac cut mortgage rate to record low

Lenders engage in price war, slice fixed five-year rate to below 5 per cent.

US regulators slam Deutsche Bank

New York Fed says Deutsche's US operations suffer from a litany of serious problems.

The three forces pushing Australia towards recession

With ballooning household debt, huge banks leveraged to the hilt and a gargantuan Chinese housing bubble on our doorstep, complacent policymakers are letting Australia drift into dangerous waters.

Banco Espirito Santo delays Q2 results

Troubled bank postpones release after holding company files for creditor protection.

Deutsche, Barclays created tax 'fiction': US Senate

Report alleges banks helped Renaissance Technologies dodge $US6bn tax bill.

UK regulator confirms ex-JP Morgan banker's fine

Former capital markets chair to pay over $US750,000 for market abuse.

ANZ prices $1.75bn of five-year bonds

Issue comprises $1.35bn floating rate tranche, $400m fixed rate tranche.

Credit Suisse posts steep Q2 loss

by AAP
Tax evasion charge of $US2.6 billion hits Swiss bank's result.

Super funds gain 12.8% in FY14

Research house finds average fund posted second straight year of double-digit returns.

Practice Ignition launches automated account payment system

PI Payments links payments system directly with invoicing system for streamlined accounting.

Stripe officially opens doors to Australian merchants

1 comment
The Australian payments market has a brand new player, with San-Francisco based start-up Stripe joining the fray in earnest.

Barclays dark pools drew early alarms: report

1 comment
Employees, clients raised concerns about high-frequency trading months before regulators.

ASIC censures RBS on bank-bill swap rate

Independent expert to review bank's record on contributions to interest-rate benchmark settings.