ANZ risk boss to retire

ANZ chief risk officer Nigel Williams, the last member of the bank's senior executive team in the same role as at the time of the appointment of CEO Shayne Elliott, is quitting to pursue a career as a.. read more

CBA, NAB bow to Reserve Bank on debit reform

Commonwealth Bank and National Australia Bank have confirmed they will implement reforms called for by the Reserve Bank to give merchants unfettered access to the low-cost eftpos network for routing c.. read more

CBA tightens credit policies for brokered loans

The regulatory crackdown on home lending practices is continuing to inspire behavioural changes at major banks, with the country's largest mortgage lender announcing another overhaul of credit standar.. read more

ANZ cleans up its car finance racket

ASIC's campaign to eliminate egregious commission structures in the auto finance sector has begun to yield results, with ANZ overhauling the terms of its finance arrangements with car dealers. read more

O'Sullivan charts terms for bank interrogations

Details of Senator Barry O'Sullivan's vision for a commission of inquiry into Australian banks were unveiled yesterday, with copies of his draft bill distributed to industry stakeholders and consumer.. read more