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Australian banks and financial services companies are moving swiftly to reconfigure their European operations as the United Kingdom inches closer to a full withdrawal from the European Union. read more

ASIC has been forced back to the drawing board in its pursuit of Westpac for thousands of alleged breaches of responsible lending laws after the Federal Court rejected its record $35 million settlemen.. read more

Legal experts and consumer advocates were yesterday mulling over the intricate detail of Justice Perram's 10-page judgement that slayed ASIC's effort to wrench $35 million from Westpac for alleged bre.. read more

Banks and other APRA-regulated institutions are continuing to lose ground in the credit and charge card markets as non-banks intensify marketing and promotion of their card offerings. read more

Struggling mortgage broking and financial advice business Yellow Brick Road is still negotiating performance pay arrangements for its new chief executive, Frank Ganis. read more

Leading figures in the Australian financial services industry are paying tribute to former company director and senior executive Paul Costello who passed away last week. read more

Banking analysts yesterday were announcing modest upgrades to their full year's earnings forecasts for Commonwealth Bank, after CEO Matt Comyn unveiled a higher than expected first quarter profit upda.. read more

The industry-wide fashion for depleting executive remuneration has finally caught on at Westpac where the salaries and bonuses of four key members of the senior management team were cut in 2018. read more

The slowdown in demand for housing and business credit appears to be eroding growth prospects at Suncorp after the bank revealed a modest expansion in lending activity in the September quarter. read more

The federal government's decision to reappoint APRA chair Wayne Byres for another five-year term is stirring derision, scorn and consternation among members of financial services victims groups. read more