ASIC warns investors about hybrids' risks 05 February 2014 5:31PM New commentary explaining the risks of investing in hybrid securities has been added to MoneySmart, the consumer finance website run by the Australian Securities and Investment Commission. ASIC said.. read more
BNP Paribas caught out on Australian rates 29 January 2014 5:48PM The Australian branch of French major BNP Paribas has become only the second bank - after UBS, in December 2013 - to enter into an enforceable undertaking with ASIC over potential misconduct involvi.. read more
ME Bank creates chief marketing role 29 January 2014 5:39PM ME Bank has named advertising executive Rebecca James as its first chief marketing officer. The bank sees the new CMO role as contributing greatly to its growth strategy. read more
GSI did too little too late, court finds 19 December 2013 5:42PM Yesterday, in the Federal Court in Sydney, Justice Kathleen Farrell handed down her reasons for deciding that The Trust Company had an enforceable right to appoint receivers to the debenture-funded.. read more
ASIC enforces market integrity rules on CBA and Macquarie 18 December 2013 5:43PM ASIC has accepted an enforceable undertaking from Australia's largest retail broker, Commonwealth Securities, and the Australian Investment Exchange, both of which are members of the Commonwealth Ba.. read more
CBA picks a leader, not a lender 11 December 2013 5:35PM Commonwealth Bank has looked within and appointed Kelly Bayer Rosmarin as its new group executive of institutional banking and markets. read more
BOQ's 'self justice' under fire in Vic Supreme Court 06 December 2013 5:21PM Two owner-managers running a Bank of Queensland branch near Geelong in Victoria found themselves locked out of their own business premises last month. The franchisees went to the Supreme Court of Vict.. read more
Former Bankwest customers' case against CBA thrown out 06 December 2013 5:14PM Two former Bankwest customers, Elie and Norma Khoury, have failed in their attempt to defeat action by Commonwealth Bank to put them into receivership and take possession of their family home. They fa.. read more
Europeans identify deficiencies in rating agencies' processes 04 December 2013 5:41PM The European Securities and Markets Authority has published a report identifying a number of deficiencies in the processes for producing and issuing sovereign ratings at the three largest credit rat.. read more
Bankrupt allowed to continue $60m claim on BOQ 02 December 2013 5:23PM Another step towards what is threatening to become a long-running blot on the Bank of Queensland's balance sheet was taken in the Federal Court in Sydney last week. In this latest action, Jacqueline.. read more