One Bankwest class action rolling

JustKapital, an ASX listed litigation funder, will be the financier for a class action bought against Commonwealth Bank in connection with its alleged malfeasance over management of many Bankwest busi.. read more

CBA insto banking a money pit

Institutional banking has been a money pit more than a profit centre for Commonwealth Bank lately, with an investment program driving costs higher. read more

Drowsy ANZ prescribes more cost control

ANZ's profit is on the mend but nowhere near being cured, if you use its result for the nine months to June 2015 as a benchmark to measure its latest profit result against. read more

Bendigo setting up future growth

In the bank's profit announcement yesterday, managing director Mike Hirst portrayed Bendigo and Adelaide as having ample capital to pursue organic growth and consider strategic acquisitions. read more

Strategy chief widens role at Westpac

Gary Thursby, head of strategy at Westpac, is to take on wider responsibilities. Thursby, a former CBA executive, will look after transformation and business services from October. read more

APRA tweaks risk weights on five banks

The five largest bank home loan funders may be able to trim their capital risk weighing, and maybe pricing, on home loans under a refinement to year-old rules outlined on Friday by APRA. read more

Bank chiefs ready to put their case

All the heat of the Economics Committee of the House of Representatives will be thrown at Australian bank chief executives when they make their annual appearance before it.  read more

Stirrers renew debate on stranded loans

Opponents of lending by banks to companies in the fossil fuel energy supply chain have collated a new list of estimated lending by the Big Four Australian banks to the sector. read more