ABA to announce overhaul of code 10 October 2018 6:12PM As major banks scramble to repair the damage and remediate customers in the wake of the Hayne royal commission, the Australian Banking Association is to announce a sweeping overhaul of the banking cod.. read more
Briefs: FMA warns on KiwiSaver fees, CBA teams up with CSIRO on blockchain, new note on the block 10 October 2018 6:04PM New Zealand's Financial Markets Authority is warning KiwiSaver investors not to assume any correlation between funds which charge high fees and those that give good returns. read more
Foreign news: Another dire no deal Brexit warning 10 October 2018 6:00PM The Bank of England has warned the European Union it is running short on time to mitigate disruption in trillions worth of complex financial contracts in the event of a "no deal Brexit". read more
Briefs: Up up and away, NAB branch manager banned, Westpac launches mobile cheque deposit 09 October 2018 6:21PM Following a two-month beta trial with over 1,500 customers, digital neo-bank Up has officially launched. read more
Foreign News: Compulsory coding for JPMorgan staff 09 October 2018 6:19PM All employees in JPMorgan's asset management division will have to learn to code, reports Finextra. read more
Bank misconduct condensed into one metric 08 October 2018 4:55PM The new and popular Bank Financial Strength Dashboard of the Reserve Bank of New Zealand may be extended to include "conduct" metrics, Toby Fiennes, head of prudential supervision, told an accounting.. read more
Exec pay frozen at BOQ 05 October 2018 4:16PM The base pay of the top executives at Bank of Queensland will remain unchanged for the second year a row, the bank's 2018 annual report shows. read more
Macquarie closer to adopting CCR 05 October 2018 4:13PM Macquarie has signalled it is well down the path to adopting comprehensive credit reporting. read more
Briefs: Dollarmites' shonky award, Queensland Country CEO retires, Pepper chasing $600m RMBS deal a 05 October 2018 4:10PM Commonwealth Bank's Dollarmites banking in schools program earned the dubious honour of a 'Shonky' from consumer group CHOICE yesterday. read more
Foreign News: A 'major bank' among those targeted by Chinese hardware hack 05 October 2018 4:07PM Operatives from a unit of the Chinese People's Liberation Army allegedly worked in a factory assembling servers in order to plant tiny chips into the hardware, with at least one major bank among the c.. read more