UAE FX award exchange tests finance fringe

A small union victory over underpayment of wages by an FX dealer with 100 staff may widen, with the Federal Court asked to prevent employers avoiding the higher rates of pay under the Banking, Finance.. read more

Banking an AMP oddball

AMP Bank may be one of the few remaining pillars of its owner, AMP Limited, with the forthcoming interim result likely to show the division's profit accounting for up to 30 per cent of profit. read more

Goldfields dawdles over capital raisings

Goldfields Money, Australia's newest bank, is taking its time in progressing a planned merger with the mortgage aggregator Finsure, pushing back the target date to the end of September. read more

Trust slides in banking

Distrust in banking and finance is as ripe as ever, and even getting worse, a couple of fresh pieces of consumer research this week suggest. read more

Payroll takes off in banking 

Productivity might be getting a kick along around the finance sector, and it needs to, with the average income per employed person in finance soaring by 7.7 per cent over the 2017 financial year. read more

Default interest selective at NAB

NAB is yet to lift its home loan lending rates - something that seems inevitable - but instead National Australia Bank CEO Andrew Thorburn is back on the public relations round. read more

Reactive interior at CBA

Obstruction is, or was, the Commonwealth Bank MO and Matt Comyn is somehow reshaping the joint. How soon will a successor to John Laker's APRA panel report on a job badly or sufficiently done by Comyn.. read more