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Cayman Islands bank seeks its money back from New Zealand financial services provider and affiliated NZ company
By Gareth Vaughan From Interest.co.nz A Cayman Islands incorporated bank has turned to the New Zealand courts seeking to claw back money it says was entrusted to New Zealand registered financial service provider Worldclear Ltd on behalf of its clients….
Robots could help Australia’s banks cut 40,000 jobs over the next decade
By PAUL COLGAN From Business Insider Reducing staff costs will be a central feature of Australian banks’ profit maintenance strategies over the coming years, according to analysts at Macquarie Private Wealth. They estimate digitisation and automation could help each of…
