Second top CBA IT executive sentenced for bribery 30 September 2024 6:10AM Latest news Ian Rogers Jon Waldron, formerly the General Manager of Infrastructure Engineering at Commonwealth Bank of Australia has been sentenced to six years and eight months in prison. read more
TODs on, the housing fix is in 16 September 2024 6:59AM Latest news Ian Rogers Commonwealth Bank is targeting a mortgage book of $3 trillion. read more
Interchange rort dying in banking 11 September 2024 6:22AM Latest news Ian Rogers C ommonwealth Bank will be the biggest loser when interchange is completely eliminated from the Australian payments system. Good. read more
A lasting investment in credit growth 09 September 2024 6:49AM Latest news Ian Rogers Banks and non-banks know what they are doing most of the time when it comes to loosening the credit taps. read more
Comyn moving sooner than any think 09 September 2024 6:43AM Latest news Ian Rogers Is there a more influential, powerful and as hard working a person as Matthew Comyn, managing director of Commonwealth Bank of Australia. read more
Little to bother big NZ banks in competition report 21 August 2024 1:01AM Latest news Ian Rogers The considered underinvestment by the four big banks in New Zealand in their core systems is one of the bedrocks of the oligopoly’s long-running dominance of the country’s banking sector, the New Zeal.. read more
Comyn sees rising arrears, harder times 15 August 2024 6:42AM Latest news Ian Rogers Asset quality indicators all soured at Commonwealth Bank over its June 2024 full year. And will continue to do so. read more
Banks look for confidence and trust in TEx 14 August 2024 1:45AM Latest news Ian Rogers Customer onboarding and know-your-customer practices may be greatly simplified for banks if an ambitious effort by the Australian government to overhaul digital identity protocols comes to pass. read more
LET'S SET THINGS STRAIGHT 09 August 2024 4:39PM Latest news Banking Day staff OUR CHEAPEST SUBSCRIPTION OFFER IN 20 YEARS read more
Panin, Bankwest weigh on CBA 02 August 2024 7:26AM Latest news Ian Rogers Commonwealth Bank’s sale of its 99 per cent holding in PT Bank Commonwealth in Indonesia has resulted in a total non-cash loss of $298 million. read more
CBA convicted of wage theft 30 July 2024 6:38AM Latest news Ian Rogers Commonwealth Bank has been fined $36,000 in the Melbourne Magistrates' Court after pleading guilty to not paying long service entitlements to staff. read more
Bank not liable for medical costs in payments dispute 19 July 2024 6:44AM Latest news Ian Rogers AFCA had found that Commonwealth Bank has no liability to compensate a customer who contended medical costs incurred overseas were the result of the bank mishandling payment instructions. read more
Young consumers holding back on spending 12 July 2024 6:25AM Latest news Bernard Kellerman There is a significant disparity in spending behaviours, as renters pull back on spending while mortgage holders and outright owners have increased spending. read more
Banks champion 'loopy' scams patrol combo 14 June 2024 12:17AM Latest news Ian Rogers To the alphabet soup of combatting financial crime and scams, add ‘loop’ – and fluffy industry PR. read more
Staffing problem persists for major banks 13 June 2024 6:26AM Latest news Ian Rogers Too little time is spent considering the unbelievable personnel costs line, which blows away any remaining claims to efficiency or productivity in banking read more
NZ banks defer regional branch closures 02 June 2024 9:26PM Latest news Ian Rogers A trial of regional banking hubs in New Zealand has flopped, and so instead NZ’s five largest banks will extend their commitment not to close regional branches for the next three years. read more
All costs, some care in Senate report on bank branch closures in regional Australia 27 May 2024 6:36AM Latest news Ian Rogers Re-establishing a government owned bank, one with a focus on assuring the supply of financial services in regional areas, is the chief proposal in the report of the Senate’s Rural and Regional Affairs.. read more
Fintech Coposit embraced by CBA 23 May 2024 6:33AM Latest news Ian Rogers Commonwealth Bank of Australia’s Business Bank has agreed to accept pre-sale contracts (up to 10 per cent) secured through property tech platform, Coposit, in residential development projects funded b.. read more
CBA IT corruption exposed 14 May 2024 6:14AM Latest news Ian Rogers When cajoled into accepting a bribe and you work for a bank, take care not to arrange for that bribe to be paid into the same account with that bank linked to your corporate credit card, which will be.. read more
Big banks and brokers the best of frenemies 09 May 2024 12:58AM Latest news John Kavanagh Banks are looking for ways to preserve margins in their home loan businesses and one area where they are taking a harder look is their relationships with brokers. read more