Category: Financial Services

Judo Bank trio walks to set up debt advisory biz

Staff within ANZ’s markets division laid the blame on their bosses for failing to act decisively when reports surfaced about inappropriate workplace behaviour on trading floors in Sydney, London and Singapore. After…

The Reserve Bank of Australia says a sustained downturn in the Australian dollar could spark a crisis for the country’s superannuation sector and risk $4.2 trillion in savings if there was a…

JPMorgan nabs natural resources banker from rival

The most damning thing about an independent review into ANZ’s powerhouse markets business isn’t in the 63-page report or the reviewer’s 19 recommendations. It is the bank’s own response. Paul O’Sullivan has…

Morgan Stanley sales and trading director Alex Sutton is trading Chifley Tower for Martin Place, Street Talk can reveal. As part of its assault on Australia’s global electronic trading market, RBC Capital…

ANZ will be forced to hold an extra $250 million on its balance sheet to ward off against risks after the prudential regulator took the bank’s capital penalty to $1 billion and…

The secret Ferrari fire sale while dozens are out of pocket

Aware Super, the country’s third-largest superannuation fund, has hired two private capital heavy-hitters to provide oversight of its investment portfolio as it punches past $190 billion. Sue Brake was Future Fund’s chief…

Bank of America has announced a new head of equity capital markets, signing up former APM chief strategy officer and two-decade Goldman Sachs veteran Ian Taylor. Street Talk understands that BofA staff…