Ant Group to become a financial holding company overseen by China's central bank
Jack Ma's digital payments giant will restructure itself into a company that is supervised by the People's Bank of China in a bid to kowtow to regulatory concerns.
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Suncorp ditches marketplace strategy as insurance profit drops 14%
It also paid AU$155 million in regulatory and customer remediation costs in response to the Royal Commission.
NAB remains on track for its 'digital first' transformation strategy
Since September 2017, NAB has moved 8% of its applications to cloud and reduced its full-time staff by 2,524.