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September 2021

World Bank president: list of reforms African states should be demanding
phone 30 September 2021
  The World Bank will launch the process for selecting the new World Bank President on 7 February. There’s been a great deal of talk about t...
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How a ‘hard’ Brexit would harm US banks, carmakers and drug companies
phone 30 September 2021
  Nearly three years have passed since British voters chose to leave the European Union, a decision that created uncertainty and risks that ...
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The value of an old-fashioned visit to your bank branch
phone 30 September 2021
  The rise of online and mobile banking has changed the financial service industry as we know it. Customers have long been able to trade the...
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Are the banks strong enough to withstand the coronavirus crash?
phone 29 September 2021
  One of the most visible outcomes of the COVID-19 crisis is the mayhem in the global stock markets. Between February 20 and March 19, the S...
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Vital Signs: APRA’s extraordinary gift to banks under pressure to pay dividends
phone 29 September 2021
  Last week the Australian Prudential Regulation Authority (APRA) sent an extraordinary letter to Australia’s banks and insurers, essentiall...
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Bank dividends are bare. Here’s why some shareholders hate it more than they should
phone 29 September 2021
  In bad news for retirees and others who depend on dividend cheques (and dividend imputation rebate cheques from the Tax Office) bank divid...
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How to bump up your credit score
phone 26 September 2021
  Debt is cheap right now, but only if you can get someone to offer you a deal. The low interest rate environment has pushed rates on mortga...
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How neoliberalism’s moral order feeds fraud and corruption
phone 26 September 2021
  Corporate fraud is not just present, but is widespread in many neoliberalised economies of both income-rich and income-poor countries. Vol...
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The ATM at 50: how a hole in the wall changed the world
phone 26 September 2021
  Next time you withdraw money from a hole in the wall, consider singing a rendition of happy birthday. For on June 27, the Automated Teller...
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The European banking union as a matter of equality
phone 12 September 2021
  Academics, politicians, international economists and central bankers alike talk and talk about the theoretical benefits of a European bank...
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Reborn TSB evokes memories of another banking era
phone 12 September 2021
  After an absence of 18 years, TSB banks reappeared on the British high street this week. Though much of the initial commentary focused on ...
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Banking’s Lehman lesson is that change must be cultural
phone 12 September 2021
  This weekend will see the 5th anniversary of the collapse of Lehman Brothers, an event that tipped the world into economic crisis and shov...
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APRA take the easy road out with risk culture
phone 11 September 2021
  Regulation should be put up for a capability review. Mick Tsikas/AAP  Email  Twitter15  Facebook14  LinkedIn  Print Just when we all thoug...
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ASIC report highlights a deep culture problem in Australia’s banks
phone 11 September 2021
  In it’s latest report, the Australian Securities & Investments Commission (ASIC) found the big four banks sold products to some custom...
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Banks are hedging their bets on costly branch networks
phone 11 September 2021
  Last week the Australian division of global financial institution Citibank became the first local bank to stop handling cash. The bank’s r...
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