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A tilt at crowd funding by mortgage marketplace HashChing has pulled up short, with the firm likely to refund the A$316,000 pledged by a handful of retail investors. read more

Margins loans and charge cards will be excluded from the Mandatory Comprehensive Credit Reporting regime, draft regulations published yesterday show. read more

ANZ, Citi and Deutsche will become the first financial services companies to face criminal charges in Australia over alleged cartel conduct - in this case dating from 2015 - assuming the DPP and ACCC.. read more

A suspended sentence of three months is the punishment for a former sales director of Securency International convicted on a charge of false accounting. read more

Clifford John Gerathy, who began his working life in the Reserve Bank of Australia, will be the latest executive of Securency (part owned by the RBA, via Note Printing Australia) punished by the Austr.. read more

Commonwealth Bank "have not had a thorough enough identification of compliance obligations", David Cohen, the bank's chief risk officer told the financial services royal commission yesterday. read more

Defects in credit management skills at Bankwest prior to its 2008 takeover by Commonwealth Bank fell under scrutiny at the financial services royal commission yesterday. read more

Commonwealth Bank set out to reduce the commercial property exposure of its Bankwest arm by around one tenth in 2009, but the bank wasn't seeking any early exit early from loans that were not in defau.. read more

There's a "trade-off between flexibility and fairness" around the "all monies" rule in banking, the Hayne royal commission heard on Friday. read more

National Australia Bank is undertaking to compensate customers who suffered financial losses during a Saturday outage that affected mobile banking, ATMs and eftpos services. read more