ASIC demonises Westpac derivatives 01 November 2017 5:54PM The mere facts of Westpac having a derivatives book, the sheer size of this portfolio and the material growth of derivatives at the bank provided scaffolding for ASIC agitation at the opening day of a.. read more
ASIC retrofits misconduct on earthy traders 01 November 2017 5:52PM Westpac rates' traders "cannot recall" the numerous, colourful, recorded conversations relied on by ASIC to establish a pattern of unconscionable conduct by the bank in the bank bill swap market betwe.. read more
Comment: Scant harm from BBSW affair 26 October 2017 5:08PM If Westpac seriously wants to move for advantage in the Australian banking market, a stout defence of its BBSW conduct is the way to go. read more
Distrust in peers ripe in banking C-suite 23 October 2017 5:05PM The publication of bank-level performance indicators of trust and confidence might be a reform too far for the Australian banking industry. read more
Fraud risk radiant for slowpoke Westpac 12 October 2017 5:27PM Banks "need to be very careful" around privacy, cyber and fraud risks, Brian Hartzer, CEO of Westpac told the House economics committee yesterday. read more
The charge to corral open banking 09 October 2017 4:56PM The banks with the most to lose from any roll out of an open banking regime in Australia are campaigning to set a framework for hindrance and delay in any transition to toward this fashion in finance... read more
Bond bandits see new rules 02 October 2017 5:57PM The aggregate Australian dollar net cash outflow of the fourteen largest banks is forecast to decline for a fourth year in a row, under estimates from APRA on Friday. read more
Comment: So many starting points for Bowen's Royal Commission 29 September 2017 3:04PM Ahead of a Chris Bowen lunchtime presentation today, we suggest a few ideas on where Labor's forthcoming Royal Commission on banking might start off. read more
Bad and Bankwest spinoff options at CBA 25 September 2017 4:53PM Four pillars is finished, fragmenting right now. A narrow bank is set to be rescued from the sewers of a Big Four controller. Others may follow.The disruption may be lame or lively, but the familiar m.. read more
Comment: Disdain baked deep in banking 25 September 2017 4:51PM There may be a direr word than 'dire' for the straits in which the Australian banking industry sails. The weekend horror in Australian banking: coordinated price cuts on ATM fees. read more