Industry
Aviva rumoured to be eyeing sale of its Asia business
It operates in six countries in the region but only two businesses are wholly owned
Australia’s big banks pay out A$120m for bad advice
NAB splashed the most cash at A32.4m for cases which involved a record number of 81 financial advisers
Fintech firm buys cashflow modelling provider
Acquisition will be a ‘key building block’ in delivering its planned international expansion
Channel Islands firms merge to bolster international reach
Deal is a ‘strategic fit’ and will allow the duo to expand into multiple jurisdictions
Diversity push cannot be top down, says FCA
Financial watchdog hopes to lead by example but other companies need to up their game