Accountants allegedly take millions in super fund scam

Two accountants have been charged with scamming customers out of millions in an alleged self-managed super fund scheme spanning 13 years.

EU executive says no decision yet on financial sector commission ban

By Huw Jones LONDON (Reuters) - The European Union's executive said on Wednesday that upcoming plans to bolster retail investor protections will be "ambitious", but any ban on banks offering

RPT-ANALYSIS-Financial or price stability? Fed faces calls to pause

(Repeats story first published Saturday with no changes to text) By Paritosh Bansal and Ira Iosebashvili March 18 (Reuters) - With the U.S. and European banking crisis wreaking havoc in global markets

ANALYSIS-Investors brace for hard landing as banking woes stoke recession fears

By David Randall NEW YORK, March 16 (Reuters) - Fears of a recession are growing on Wall Street, as stress in the banking sector following the collapse of Silicon Valley Bank and worries over the fate

Morgan Stanley, BlackRock funds among those exposed to regional bank failures

By David Randall NEW YORK (Reuters) - Mutual funds managed by Morgan Stanley, Fidelity, and BlackRock appear to be among the most exposed to the collapse of Silicon Valley Bank and Signature Bank,

Investors fear inflation, higher yields may make U.S. equities 'dead money'

(Adds data and quote from Capital Economics in paragraph 11) By David Randall NEW YORK, March 9 (Reuters) - Renewed hawkishness from the Federal Reserve is pushing investors to game out how a regime

Investors fear inflation, higher yields may make U.S. equities 'dead money'

By David Randall NEW YORK (Reuters) - Renewed hawkishness from the Federal Reserve is pushing investors to game out how a regime of “higher for longer” interest rates could weigh on U.S. stocks. Some

Commonwealth Bank launches new mobile payment device

Commonwealth Bank is launching a new mobile payment device that will compete with Square's Reader and Paypal's Zettle.

Analysis-Australia's DIY pension funds lose millions on crypto bets, investors not sweating it

By Lewis Jackson SYDNEY (Reuters) - Thousands of Australians who used do-it-yourself (DIY) pension funds to bet on cryptocurrencies face hundreds of millions of dollars in losses, jeopardising their

Cryptoverse: Bitcoin moves towards Satoshi's payment dream

By Medha Singh and Lisa Pauline Mattackal (Reuters) - Satoshi Nakamoto would be proud. Adolescent bitcoin may finally be repaying its creator's faith. The 15-year-old cryptocurrency has filled many