BNK for sale 24 January 2022 5:42AM The sale and even the liquidation of BNK Banking Corp has to be a theme of the year. read more
Under-performer Westpac cops ‘first strike’ 16 December 2021 6:18AM “The real priority over the next couple of years is to perform,” an embattled Westpac chair, John McFarlane, said yesterday. read more
Wasted SME Loan Scheme gets 6 months extension 14 December 2021 6:16AM A scheme originally billed as $30 billion worth of support for pandemic affected businesses has advanced less than one third of this amount. read more
Suppliers roped into APRA orbit 13 December 2021 6:38AM A key project for APRA over 2022 will be to review its current prudential requirements for operational risk management, service provision and business continuity. read more
ANZ concedes ASIC civil suit over Breakfree 10 December 2021 6:39AM ASIC has commenced civil penalty proceedings in the Federal Court against ANZ “for failing to provide certain benefits it had agreed to give customers with offset transaction accounts or a ‘Breakfree’.. read more
‘An uneven economic recovery’: CreditorWatch 08 December 2021 6:29AM The November 2021 CreditorWatch Business Risk Index suggests business activity around Australia is “currently weaker than expected, indicating that the return to pre-COVID levels is now likely to take.. read more
Bank of Mum and Dad not so generous 07 December 2021 6:12AM ‘The Bank of Mum and Dad’ may be a bit of a myth, a Productivity Commission research report on wealth transfers in Australia suggests. read more
NAB staff often ‘working for nothing’ 06 December 2021 6:08AM NAB staff are working many unpaid hours and “persistent and consistently high workload levels have been normalised by management fiat,” the industry union alleges. read more
ANZ introducer program lands it in court 29 November 2021 5:43AM Another introducer program, this time from ANZ, is the subject of civil proceedings from ASIC. read more
Nimble mutuals go partner hunting 26 November 2021 6:12AM Nearly a quarter of mutuals anticipate being involved in merger activity during 2022. read more