![Coles has entered a 10-year deal with Citi to distribute its Coles-branded credit cards.](/web/20161117145033im_/http://www.brisbanetimes.com.au/content/dam/images/1/4/1/z/w/5/image.related.landscape.460x307.gsr6iv.png/1479341539046.jpg)
Coles to offload $880m credit card business
Wesfarmers is selling its $880 million Coles credit card portfolio to Citi in a retreat from the financial services sector.
Wesfarmers is selling its $880 million Coles credit card portfolio to Citi in a retreat from the financial services sector.
If you want to run a top-listed company in Australia, it pays to be a man in your 70s.
The Commonwealth Bank made 1400 investigations into suspected staff misconduct over the last year, with 59 cases involving executive managers.
The major banks will continue to exit the wealth and insurance markets as they look to refine their business models, a report predicts.
Super funds are increasingly eyeing class actions as a way to hold companies to account for misleading and deceptive behaviour, a leading proxy advisor says.
ANZ has become the latest bank to eye an exit from wealth management amid a wave of scandals, new capital rules and calls for a royal commission.
Uber Australia's 2016 revenue has doubled to $36 million.
Four out of five complaints by whistleblowers to the corporate watchdog last year were dismissed due to 'insufficient evidence', the regulator has said.
CBA has signed an agreement with Alipay, the multibillion-dollar finance business of Alibaba founder Jack Ma, aimed at helping Chinese tourists and students pay for goods and services while in Australia.
The big banks and AMP will be forced to refund more than $178 million to 175,000 financial advice customers after being found to have charged customers for advice services they never received.
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