ANZ and NAB 'most affected' by housing stress 01 May 2018 3:30PM In a severe stress scenario modelled on Ireland's experience, ANZ and NAB would be hit hardest but loss rates across all of Australia's biggest banks would still be less than two per cent, Fitch Ratin.. read more
ANZ preview of one-off items 01 May 2018 3:29PM Lest anyone forget that ANZ has been busy selling out of non-core businesses, well in advance of is half-year results announcement ANZ Group has released information ostensibly "to assist market parti.. read more
'Don't forget' warns General Hayne 30 April 2018 4:33PM Any bank wanting to make a submission longer than 35 pages to the financial services royal commission will need to persuade commissioner Kenneth Hayne why they need more. read more
Culture and pay central to CBA misconduct 30 April 2018 4:32PM All four big banks must respond to a litany of proposed findings of amoral conduct in connection with their financial advice businesses, outlined by counsel assisting Rowena Orr on Friday at the royal.. read more
Foreign news: Banking apps an essential 30 April 2018 4:28PM A survey by Citi found that nearly half of Americans increased their mobile banking use over the past year. read more
Class Action funders revel in bank distrust 27 April 2018 5:08PM APRA and the RBA and other regulators - not banks - will be the defendants in a class action centred on the questionable home loan finance supply practices of Australian banks over the last decade or.. read more
APRA and ASIC yet to explain lapses to Hayne Royal Commission 27 April 2018 5:03PM The Treasurer has suggested that past lapses by APRA and ASIC are issues that will be delved into by the Royal Commissioner "at some point in time". read more
Briefs: ASIC wins against Malouf Group credit repair firm, levy on major banks pays for tax cuts, ne 27 April 2018 5:00PM The Federal Court has found that credit repair business Malouf Group Enterprises Pty Ltd and its director Jordan Malouf breached the Australian Consumer Law by making false and misleading representati.. read more
Foreign news: TSB migration woes continue, Deutsche abandons its ambitions, sharp drop for UK mortga 27 April 2018 4:56PM A day after reassuring customers that its systems were up and running following a botched switch to a new platform, UK bank TSB has had to admit that it could take another week to get its internet and.. read more
Misconduct spotlight swings onto RBA 26 April 2018 5:10PM The Reserve Bank of Australia, its subsidiary Note Printing Australia and their associated entity Securency are all back in the news. read more