Foreign bank depositors not a priority for APRA

The Australian Prudential Regulation Authority has revised its instructions under the Banking Act 1959 as to how foreign authorised deposit-taking institutions must explain their status to new and int.. read more

Class action over QBE's sudden loss

More details have emerged from Maurice Blackburn Lawyers on a shareholder class action over alleged breaches of continuous disclosure obligations by QBE in 2013. read more

NAB's online banking customers to Prosper

NAB is launching a digital advice platform - to be known as NAB Prosper - to 40,000 of its internet banking customers, and along the way has claimed bragging rights as the first major bank to do so.&n.. read more