Comrades proves red hot for Unity mutuals 07 October 2016 4:55PM Maritime, Mining & Power Credit Union will hoist its mutual bank flag under the Unity Bank brand. read more
IT frustration endures at NAB 06 October 2016 5:01PM A severe outage has NAB's customers and managers in a bind. On social media the bank admits double trouble: "We are working to process payments - hopefully your payment is received on time", paired wi.. read more
ANZ to review credit card rates and fees 06 October 2016 4:57PM ANZ chief executive Shayne Elliott conceded that the bank's return on equity from credit cards was "well above" the group ROE and said there was scope to overhaul the way it ran its credit card busine.. read more
'Significant' conduct compo ahead for CBA 05 October 2016 5:10PM The compensation bill for misconduct at CBA will blow out, Ian Narev told MPs. Take it as "a sign of progress", he pleaded. read more
Narev takes CBA on mission impossible 05 October 2016 5:08PM High levels of customer satisfaction are one of the key measures of success at CBA according to Ian Narev, a statement which did not play well to a committee of sceptical Federal politicians. read more
Narev deflects on ROEs and portability 05 October 2016 5:06PM Only a handful hot topics animated yesterday's three hour appearance by CBA CEO Ian Narev before the House of Representatives' Standing Committee on Economics in Canberra. read more
Cardtronics nets DC and Cashcard ATMs 05 October 2016 5:03PM ATM colossus Cardtronics will secure a foothold in Australia through a takeover of DC Payments. The US operator picks up the Cashcard ATM fleet as well. read more
Comment: Morrison discards justice in bank swap rate slap down 04 October 2016 6:21PM The government will introduce criminal penalties to prevent the manipulation of the bank bill swap rate, a measure presented as if three alleged bank transgressors were convicted as charged. read more
Trust deficit in banks entrenched in new poll 04 October 2016 6:15PM "I don't trust the banks" is a statement with which 61 per cent of people agreed in a piece of advocacy polling that finds much less support for another Royal Commission into banking. read more
Finance unionists fan banking discontent 04 October 2016 5:15PM Questions composed by bank staff for this week's parliamentary hearings with four major bank CEOs will contest the industry's spin around satisfied customers, cooperative staff and studied efficiency. read more