Hayne pain for NAB mortgage fraud

The outcome of National Australia Bank's investigation into allegations of fraudulent loan applications and its introducer program may be made public by the Royal Commission into misconduct in banking.. read more

Westpac's future now awaiting advice

In a coincidental turn of events, another case being run by ASIC against a major bank in the Federal Court is running down, just as the case against CBA gets more interesting. read more

Brief: GE tie-upon the cards

Synchrony, the former GE US consumer finance business, is understood to have been the bidder that had made an A$8 billion-plus tilt for Latitude. read more

CBA launches hybrid PERLS X

Commonwealth Bank of Australia yesterday announced an offer, and lodged a prospectus with the ASX, for a new Tier 1 hybrid to be known as CommBank PERLS X Capital Notes. read more