Corruption and crime in banking 17 December 2024 1:29AM Two convictions for corruption. Two prison terms for senior bankers, one of them a CEO. read more
RBA scathing at slack BECS decommissioning prep 13 December 2024 12:09AM Alarm bells are going off at the Payments System Board: the time for yabbering about decommissioning BECS is over, and the time to figure everything out, and study all the costs and comprehend all th.. read more
Credit union CEO sentenced to prison 12 December 2024 5:18AM Lyndon Kingston, the former CEO of Bananacoast Community Credit Union, has been sentenced to 18 months in prison. read more
Mystery and method in new ANZ CEO 10 December 2024 6:36AM Why would Nuno Matos accept the job of chief executive of ANZ to begin with? read more
Kiwibank trawls for capital 10 December 2024 6:34AM There will be no IPO of Kiwibank, probably, before 2028. In the meantime New Zealand’s government yesterday said it mandated Kiwibank to New Zealand professional investor groups about a potential inve.. read more
Eight years for banks to meet new capital standard 10 December 2024 6:32AM AT1 or hybrid capital will be removed from the bank prudential framework, APRA confirmed yesterday. read more
Banks pay scant scams compo 04 December 2024 7:06AM Banks are paying out very little in compensation to victims of scams and frauds, with $48 million paid to customers in 2023/24. read more
NAB prevails in NULIS class action 04 December 2024 7:04AM A representative action against NAB subsidiary NULIS Nominees (Australia) Limited in its capacity as trustee of the MLC Super Fund (No 4) has been dismissed by the Federal Court of Australia. read more
Lirantzis new Resimac CEO 03 December 2024 5:51AM Resimac Group yesterday said it will be appointing Pete Lirantzis as CEO, effective in the first half of 2025. read more
Payments Forum on attack on interchange 02 December 2024 6:00AM Interchange will be in the spotlight in the Reserve Bank of Australia’s upcoming review of payments fees and payments regulation. read more