Ever wondered how Spotify suggests songs for your playlist that are up your alley? To bring AI to the domain of commerce, Amber Lee explores the current and future opportunities that AI presents for businesses.
The Hayne Royal Commission may serve as a catalyst for the financial services industry to clean up its act, but the misconduct it uncovered was shocking. Felicia Leong explores.
Oscar explains Australia’s banking competition policy in light of the controversy around maintaining the ‘big four.’
This article first appeared in Short Supply 2015 – check out the full magazine via the Short Supply tab at the top of this page!
How do economic theory and banking practices vary between cultures? Ari Armstrong shares his personal insights gained from the International Study Program in Banking and Finance.
How one small country experienced history’s largest systematic banking collapse
“It is well that the people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning”
– Henry Ford, American Industrialist.
With Janet Yellen firmly in the reigns of the world’s largest central bank, many are looking to the legacy left by her predecessor Ben Bernanke. Love or loathe him, Bernanke undoubtedly pioneered a new style of central banking based on large scale direct market intervention, mainly through policies such as quantitative easing. With the policy now being scaled down, it is useful to ask whether QE and more broadly whether the Federal Reserve has been successful in supporting the US recovery.
The 2008 global financial crisis (GFC) developed over a long period of time. It included a housing bubble in the United States and then a slow squeeze in liquidity that brought down banks around the world. Europe and the USA, in particular, are still suffering from the crisis.