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The kingpins of the National Australia Bank board have hit back at damning critiques of their performance from royal commissioner Kenneth Hayne and are vowing to continue in their roles despite mounti.. read more

Royal commissioner Kenneth Hayne has cast doubt on the capacity of National Australia Bank's most senior officer bearers to take responsibility for improperly levying advice fees on customers and to f.. read more

While the Australian Banking Association has lauded the Hayne inquiry's recommendations for regulatory overhaul as "root and branch" reform, the proposals have drawn a mixed reaction from victims grou.. read more

Teachers Mutual Bank and Bank Australia are positioned to boost their respective shares of the deposits market after securing formal certification for the "sustainability" of their savings and term de.. read more

APRA has spared Australian banks and credit unions another regulatory capital hit after deciding to keep the recently developed countercyclical capital buffer on hold.Despite a sharp correction in the.. read more

National Australia Bank shareholders could pay a heavy price for the rehabilitation of the group's battle-scarred wealth management subsidiary, MLC Wealth. read more

Judo will look to be a price-leader in the online savings market. read more

National Australia Bank chairman Ken Henry yesterday battled through a fiery shareholders' meeting that culminated in the overwhelming rejection of the company's remuneration report and a resolution t.. read more

As Ken Henry yesterday scrambled to defend the ethical standing and competence of his board and senior executives, he also was given an opportunity by a shareholder to claim some high moral ground for.. read more

Digital startup Xinja is now officially a bank after securing a restricted banking licence from the Australian Prudential Regulation Authority. read more