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The Australian Litigation Funding Association warned yesterday that a High Court decision reining in activities of litigation funders in Australia would stymie class actions and drive up costs borne b.. read more

Papua New Guinea's third largest deposit taker - Kina Bank - continues as the standout performer among ASX-listed banking stocks despite a bout of frenetic selling that hit the sector on Tuesday. read more

ANZ's Shayne Elliott, the lone survivor of the ongoing cull of senior executives at the major banks, has one less headache to deal with after the expiry of his term as chair of the Australian Banking.. read more

The Finance Sector Union last night was claiming victory in its campaign to thwart moves by Westpac to offshore 16 customer and staff support roles to the Philippines. read more

The Reserve Bank of New Zealand says it will maintain so-called macro-prudential restrictions on Kiwi banks and other regulated entities amid concern that the prevailing low rate environment could pot.. read more

The announcement of Brian Hartzer's departure from Westpac early on Tuesday morning must count among the most dramatic moments in the modern history of Australia's oldest company. read more

Westpac's outgoing chairman Lindsay Maxsted yesterday dismissed claims that the company's executives and directors knew customers were using accounts to pay for online child exploitation services befo.. read more

ASIC has launched an investigation into Westpac following the legal action brought against the bank by financial crimes regulator, Austrac. read more

Investors yesterday responded bullishly to the findings of an independent audit of Afterpay's compliance with anti-money laundering laws even though the financial crimes regulator is yet to respond to.. read more

National Australia Bank's former chief risk officer David Gall warned the group's directors in October last year that the company's anti-money laundering procedures remained "weak" even after at lea.. read more