Australia
Former financial adviser given two and half year sentence
Australian-based adviser pleaded guilty to five counts of dishonestly using his position as director
CBA to sell global asset management business
Australian bank also hires CEO and CFO for its wealth management and mortgage broking operation
Asia region funds passport finally set to launch
Passport will combine the fund markets of five Asia-Pacific countries to bolster cross-border vehicles
AMP sells Australian life and advice business to Resolution
Company shares fell by a quarter after a deal was announced
Aussie regulator reveals findings in ‘fees for no service’ case
Investigator concludes that Commonwealth Bank subsidiaries ‘took all reasonable steps’ to remedy clients