AFR Banking Summit: The Australian Financial Review tells the story of a decade of momentous developments in banking and finance through 10 front pages

Here’s how the newspaper’s front page told the story of a decade of momentous developments in banking and finance.Australia’s banking system mostly held up during the global financial crisis of 2008 and 2009, during which the federal government had guaranteed their deposits. Months before the inaugural Summit, the

APRA’s Byres warned the banks they may need to put more capital in reserve because they had concentrated too much of their lending in increasingly risky and high-priced housing.As the ethics and culture debate intensified, then-treasurer Scott Morrison announced a special bank levy in the 2017 budget.

On day two of what was then a banking and superannuation summit, new tough-talking ASIC chair James Shipton warned the banks they faced more onerous regulation if they did not move quickly themselves to improve their culture and ethics. Westpac CEO Brian Hartzer showed off the bank’s new mobile banking technology.landed the month before.

ایران آخرین اخبار, ایران سرفصلها

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Australian Financial Review Business Summit: Why inflation and rates are set to ‘rebound higher’Expect interest rates to fall, but don’t expect them to stay there. That’s the big picture view of macro experts at the AFR Business Summit.
منبع: FinancialReview - 🏆 2. / 90 ادامه مطلب »

Financial Review Business Summit: Strong leaders should be assertive, forward-thinkingLucinda Holdforth and NIB CEO Mark Fitzgibbon tell the AFR Business Summit leaders should be assertive and have clear goals for the future; Holdforth warns companies against being too political. Follow updates here.
منبع: FinancialReview - 🏆 2. / 90 ادامه مطلب »