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

Fintechs bask in Bank of England glow

More than 10 per cent of 2017 UK payment card revenues "have been taken by new firms," and fintechs may not have to mess about waiting for a banking licence to feast at the big banks' club, with the n.. read more

RBA knocks crypto mavericks

In some circles bank shares are money, lollies are money, but - in the stubborn view of Australia's central bank - cryptocurrencies fail to make the grade. read more