Credit Suisse-UBS deal: hybrid wipeout shows why blind diversification is dangerous
Aussie bank hybrids are showing resilience in the face of recent events, but investors are learning that the search for yield is a reach for risk.
Source: afr.com
Wayne Byre News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from Wayne Byre. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In Wayne Byre Today - Breaking & Trending Today
ASIC let 'wagyu and shiraz' narrative get twisted, says watchdog Sean Hughes
Outgoing corporate watchdog Sean Hughes defends the now infamous case against Westpac, takes aim at the anonymous critics and suggests lobbyists have had the last word.
Source: afr.com
APRA deputy chair Helen Rowell shares thoughts on climate risk
She identified main barriers to addressing climate risk
Source: insurancebusinessmag.com
Mortgage fallout will shape Byres' legacy
The ultimate test will be the resilience of mortgage borrowers and the banks as interest rates rise to tame inflation.
Source: afr.com
Big banks' 'Wexit' an elephant in the room
The exit of the major banks from wealth management might have been smart politics, but it has left far too many Australians without insurance or advice.
Source: afr.com