CBA finds plus-side in Count exit

A $200 million indemnity from CBA is only the start of the upside for investors in CountPlus, as buyer and seller of Count Financial Planning set out to simplify one element of the bank's $2.2 billion.. read more

Mortgage mess action seeks funding

The Commonwealth of Australia will be named as the defendant in a proposed class action centred on the consequences of the policies of financial regulators that have encouraged the ramp up in househol.. read more

Resimac Positive fintech pays

Resimac Group has acquired 15 per cent of Adelaide-based Positive Group, which specialises in asset finance solutions for consumers, mortgage brokers and small businesses. read more

Privacy breach compels CBA audit

Commonwealth Bank must make urgent changes to its practices around selling aged debts and disclosing personal information, including the engagement an independent auditor. read more

Aussie bank turns Sims Brown, yellow and black

In luring Priscilla Sims Brown, a seasoned US insurance executive to help the bank clean up its act and restore its reputation, CommBank's board has made one of the most intriguing industry hires in a.. read more

APRA insider spots CEC agenda

APRA insiders rarely vent their spleen, let alone spill the beans on their former employer. Wilson Sy, a principal researcher at APRA from 2004 to 2010 (and a favourite of the Citizens Electoral Counc.. read more

'Big six' and Hayne keep ASIC busy

ASIC's "enforcement investigations involving the big six", or their officers or subsidiary companies, have jumped by 74 per cent since the banking royal commission cranked up in early 2018. read more