Business
Banking & finance
From mortgage checks to scam-busting: How your bank is using AI
Banking giants have plans for artificial intelligence that go much further than the often clunky “chatbots” used to answer customer queries.
- by Clancy Yeates
Latest
Opinion
G7 summit
Named and shamed: The West just turned up the heat on China and Russia
It was an eventful meeting of some of the world’s leading finance ministers at a resort town in Italy.
- by Stephen Bartholomeusz
Opinion
Interest rates
The first question I’m asked when people find out where I work
No matter the situation, time of day or location, the first question I’m asked when people discover I work in finance is invariably the same.
- by Jaki Virtue
Should Australia have a new taxpayer-owned bank?
A Nationals-led Senate inquiry into bank branch closures has urged the government to investigate the establishment of a bank owned by taxpayers.
- by Clancy Yeates
‘Ivan the Terrible’: The rise and fall of a notorious Wall Street titan
Ivan Boesky, who rose to fame and fortune before heading to jail, was believed to have been the model for Wall Street’s Gordon Gekko, one of Hollywood’s most memorable villains.
- by Greg Farrell
Banks not doing enough to help struggling borrowers, says ASIC
As the number of customers falling behind on their repayments rises, the watchdog says too many people in hardship are finding it hard to get help.
- by Clancy Yeates
Opinion
Investing
Decline of 138-year-old wealth icon shows bigger isn’t always better
Gobbling up other fund managers wasn’t enough to shield Perpetual from the headwind buffeting stock pickers.
- by Clancy Yeates
‘I still hate the man’: Wall Street’s billionaires can’t resist Trump
When President Donald Trump lost the 2020 election to Joe Biden, some of Wall Street’s biggest names swore they were moving on from him for good. Times have changed.
- by Rob Copeland
The code-breaking maths whiz who built a $48 billion fortune
Jim Simons was working for the US government cracking codes and ciphers used by the Soviet Union when he had a brainwave.
- by Patrick Oster and Katherine Burton
‘Capital raising is dead’: Failed fintech Sargon has its finances put under microscope
Liquidators are questioning witnesses in the Federal Court about the finances of failed fintech venture Sargon, over allegations the company potentially traded while insolvent.
- by Sumeyya Ilanbey
Corporate watchdog investigates ANZ over government bond sale
ANZ acknowledged the Australian Securities and Investments Commission was investigating the bank’s execution of a 2023 bond issuance.
- by Millie Muroi