Australia banks set for major shake-up from landmark inquiry

Australia banks set for major shake-up from landmark inquiry

3/2/2019 7:56:00 AM

Australia banks set for major shake-up from landmark inquiry

A major shake-up of Australia 's massively profitable banking sector is on the cards as a landmark inquiry into abuses in the financial services ...

Read more: CNA »

Not desirable to move ministers after less than a year, but situation ‘can’t be helped’: PM Lee

SINGAPORE — It is not desirable to give Cabinet ministers short stints in their portfolios owing to the disruption it can cause, but such moves are sometimes necessary, Prime Minister Lee Hsien Loong said on Friday (April 23).

Sports Hub CEO Oon Jin Teik resigns, two more senior staff quit in leadership shake-up

Australia's western wheat region set for hot, dry weatherSYDNEY: Australia 's west coast is facing hot, dry weather over the next three months, the country's bureau of meteorology said on Thursday (Jan ...

London mum guilty of mutilating daughter in landmark trialLONDON (REUTERS) - A London mother was found guilty of subjecting her three-year-old daughter to female genital mutilation on Friday (Feb 1) in Britain's first conviction for female genital mutilation (FGM) - more than 30 years after the practice was outlawed.. Read more at

Bangladesh to sue Manila bank over US$81 million cyber heist: central bank governorBangladesh will file a lawsuit in a U.S. court on Wednesday against Philippine bank Rizal Commercial Banking Corp (RCBC) over its role in one of ...

Goldman Sachs ups 'no-deal' likelihood after UK parliament amendment voteGoldman Sachs nudged up its estimated probability of a 'no-deal' Brexit on Wednesday after British lawmakers instructed Prime Minister Theresa May to reopen a Brexit treaty with the European Union to replace a controversial Irish border arrangement. Britain's parliament rejected a proposal

Broker's take: DBS ups OUE Commercial Reit to 'buy' on upturn in office marketDBS Equity Research has upgraded its call on OUE Commercial Reit (OUE C-Reit) to 'buy', citing an expected upturn in spot office rents among factors to look past any overhangs. Read more at The Business Times.

UPS tops expectations in holiday quarterUnited Parcel Service Inc reported a better-than-expected quarterly profit, as the company benefited from record volumes during the crucial ...

Noted Indian transgender activist shakes up Hindu festivalPRAYAGRAJ, India (AP) — Laxmi Narayan Tripathi expertly applies eyeliner while discussing religious matters with Hindu holy men and attending to an endless stream of visitors eager to touch her feet and receive her blessing.

Golf - Phoenix leader Fowler cannot shake off Thomas, on or off the courseRickie Fowler birdied the final four holes to earn a one-stroke lead over Justin Thomas in the second round at the Waste Management Phoenix Open ...

UN investigator leading Khashoggi inquiry to meet Istanbul chief prosecutorThe U.N. human rights investigator leading the international inquiry into the murder of Saudi journalist Jamal Khashoggi will meet Istanbul's ...