EXPLAINER: Banking royal commission interim report due TREASURER Josh Frydenberg has delivered a scathing rebuke to financial institutions for their “greed”-driven misconduct — and the banking regulator for not doing enough to punish poor behaviour. Mr Frydenberg was speaking today at a press conference in Melbourne to release...
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September 28, 2018 Loknath Das
Banking
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Josh Frydenberg releases the banking royal commission report, saying the culture and conduct of the financial sector have fallen below community standards. Photograph: David Crosling/AAP The banking royal commissioner, Kenneth Hayne, has blasted Australia’s financial services industry for putting greed and the pursuit of short term profits ahead...
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September 28, 2018 Loknath Das
Banking
No Comment
The behaviour of Australia’s big four banks, as well as insurance and superannuation providers, will be scrutinised in the banking royal commission interim report. Photograph: Joel Carrett/AAP Thanks for joining us today. Amy Remeikis had to run over to Ultimo to appear on the Drum, if you switch...
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September 28, 2018 Loknath Das
Banking
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The institutions that train global elites are being accused of also laundering their money. Every year, about £90 billion of criminal money gets laundered through the UK. Last week (Sept. 14), the British National Crime Agency (NCA) said that some of that money is being filtered through British private...
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September 17, 2018 Loknath Das
Schools
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The research work of four faculty members of JGU’s Jindal Global Law School (JGLS), have also been cited by the apex court in its judgement. Research work of several law universities, international judgements and psychological institutes came in handy to the Supreme Court in delivering the historic verdict...
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September 17, 2018 Loknath Das
Schools
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Massine Bouzerar: studying in Europe Massine Bouzerar was determined to study for an MBA, and like many ambitious young people, the Oman-born, Canadian-educated student wanted to study in the US. He even signed up for a tour of Harvard Business Schoolduring his undergraduate degree days. “I like to plan...
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September 17, 2018 Loknath Das
Schools
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