164

Reductions in staff numbers "undermine customer service and compliance," while "balanced scorecards" are lopsided, the Finance Sector Union tells the Sedgwick review. read more

Bankstown City Credit Union is working toward a merger with Maritime, Mining & Power Credit Union. Maritime is a rare mutual successfully wooing both industrial and community bond credit unions in.. read more

ANZ will refresh the executive team handling facets of its technology and operations management, with managing director Shayne Elliott opting to take direct oversight of the work of the chief informat.. read more

The household savings ratio has stabilised, after having fallen since 2011. The Reserve Bank expects it to fall further. read more

ANZ's institutional bank will concentrate its efforts on about 6000 key customers and half a dozen industry sectors to buttress measures to lift returns. read more

A mortgage broker avoids prison after admitting to 18 charges of loan fraud. read more

The bill for operational blunders mounts at ANZ. The latest is a fuss over fees wrongly applied on select periodic payments. read more

Australia's banks have built up substantial buffers against potential losses, Moody's said, ruling the outlook on the sovereign rating for Australia is "stable". read more

Red ink returns to Tyro Payments. A quest to label itself a "bank" continues. read more

CommSec pays a price for a fifth breach of market integrity rules.  Refunds and penalties are $1.8 million. read more