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Two bombshells startled shareholders at Commonwealth Bank's annual general meeting in Perth yesterday. First, compensation for "conduct" issues at Commonwealth Bank will be ten times the level already.. read more

APRA-mandated adjustments to risk weights for home loans took effect from July this year, with noticeable balance sheet consequences already being reported. read more

Commonwealth Bank's credit quality may be on the improve, with its loan impairment expense ratio markedly less than six months ago. read more

The outlook for Westpac, CEO Brian Hartzer said, depends on government willingness to borrow and invest, so consumers and business will follow. read more

Westpac Institutional Bank, once a group powerhouse, ended 2016 in the doldrums. Stressed assets jumped in the second half, though the bad debt charge showed no repeat of the first half bother. read more

Margins are under control but costs and bad debt charges were much higher at major banks over the last year. The era of 'world leading' profits for Australian banks has passed. read more

The wheels spin once more on a refresh of ANZ's IT management team. CIO Scott Collary is out the door, replaced by Gerard Florian from Dimension Data. read more

At least 30 jobs - and maybe five times as many - will be chopped in sensitive areas at ANZ. read more

"Around half" of August's cash rate reduction has made it through to advertised housing lending rates and business lending rates, the RBA observed in its quarterly Statement on Monetary Policy. read more

ANZ's institutional banking business has been transformed from one "that consumes capital to one that generates capital". Even so, returns from institutional banking took a turn for the worse over the.. read more