However, he described some of the report's "many critical findings", pointing to shortcomings in the bank's accountability, its governance systems, and culture. Loading "We have a culture where our teams do not always speak up. When permission or a process is...
Mr Summerhayes said APRA was engaging with business leaders "on a regular basis" about their approaches to climate risks, how those risks were being governed and strategies to mitigate them. In a recent survey of 38 financial services companies, a...
Happy Thursday, MarketWatchers. Don’t miss these top stories: Personal Finance I’m 34 and have 5 to 10 years to live — I want to spend $50K on a new kitchen, but my wife is vehemently opposed ‘With my limited time left, I...
Australian shares rose firmly this week, as a number of firmer than expected earnings and positive outlook statements lifted the local market to its best week since July 5. The S&P/ASX 200 Index rose 117.6 points, or 1.8 per cent,...
The strong pound has pulled Britain’s stock market into the red. The FTSE 100 index of blue-chip shares has just closed 75 points lower at 7,128, down over 1%. Just in: Donald Trump has denied that America’s economy is struggling (despite...
Small investors who have sunk millions of pounds into the eco-friendly building business of Kevin McCloud, one of Britain’s favourite property show presenters, have been told they could lose up to 97 per cent of their money.  Mr McCloud, who...
Everyone “knows” that you should defer receiving Social Security benefits until age 70. But to what extent does this advice depend on the federal government making good on its Social Security commitments? The Social Security Administration trust fund is currently...
There’s no manual for navigating grief. The new Netflix NFLX, +1.22%   dramedy “Dead to Me” follows Jen (Christina Applegate), a widow from Laguna Beach, who is grappling with grief after her husband is killed in a hit-and-run. She finds...
"This support is contingent upon the incoming NSW Labor leader ensuring the shadow cabinet and their policies are developed in a consultative and inclusive manner, and that they deliver fair outcomes for our members, workers and the community. "We respect...
Ridesharing giant Lyft went public in March. Its bigger rival Uber said it will follow with its own IPO on Friday. Their IPO filings to the Securities and Exchange Commission lifted the veil for the first time on the...
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