Chronican tells MPs fee grab was legal 28 March 2019 5:29PM While Phil Chronican yesterday moved swiftly to distance his company from the controversial observations of David Murray this week, not all of the NAB chief's messaging would have been welcomed by ASI.. read more
Bank chiefs reject David Murray rant 28 March 2019 5:27PM Two of the country's major bank CEOs have moved to distance their organisations from claims by AMP chairman David Murray that moves to re-regulate the local financial services market were returning th.. read more
Worldpay ramps up chase for Aussie and Kiwi merchants 27 March 2019 5:22PM Worldpay, the global online payments processor, is eyeing a large slice of the Australasian merchant acquiring market after announcing an expansion of its operations in Australia and New Zealand. read more
Big Four no longer competitive on business credit 27 March 2019 5:19PM ANZ's growth-challenged lending operations could come under further pressure this year as uncompetitive pricing on small business loans drives borrowers to other lenders. read more
NAB ditches introducer program 26 March 2019 4:33PM National Australia Bank's interim CEO Phil Chronican is binning the company's "controversial" introducer program that has triggered a string of fraud investigations into former staff of the bank. read more
Majors stick to SMSF lending freeze 26 March 2019 4:31PM None of Australia's major banks are reviewing their freezes on lending to self-managed super funds after the federal treasurer Josh Frydenberg rejected long-standing recommendations from regulators to.. read more
Murray takes command of AMP Bank 21 March 2019 5:13PM AMP Bank has undergone an overhaul of its governance processes that is set to transform the way the subsidiary operates within the shrinking financial services group. read more
Nightingale backs banking aspirant 20 March 2019 5:16PM Two of Australia's leading digital disruptors are preparing to launch a new online bank aimed at the small business market. read more
Bendigo confronts mortgage backlog 19 March 2019 4:59PM Bendigo and Adelaide Bank has hired additional staff to deal with a backlog of mortgage applications that were delayed after the meltdown of the group's technology platforms last week. read more
IT's a batch payments crisis at Bendigo Bank 14 March 2019 5:03PM A rare two-day payments outage leaves Bendigo pacifying an irate depositor base today. The major grievance for thousands of customers was that Centrelink payments, salaries and other direct entry requ.. read more