Leaked email exposes Westpac’s WFH dig
Westpac’s CEO has weighed in on the work-from-home controversy with a subtle dig at rival CommBank.
Banking
‘Bank of Bunnings’ helps keeps Wesfarmers intact
The retailing major wants to be big in everything from lithium to Botox. Here’s why CEO Rob Scott wants them all under the one roof.
Glaring ‘hypocrisy’ in bank’s WFH crackdown
Commonwealth Bank sparked an internal revolt by ordering staff back into the office — and one glaring “hypocrisy” has been revealed.
‘Get back to work!’: Aussies slam CBA staff
CommBank staff outraged at being ordered to return to the office have been blasted as “entitled” and “spoilt” by customers.
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Bank victims to get second chance
Labor has revealed the cornerstone of its response to the banking royal commission — an “unprecedented” scheme to compensate customers.
UBS to pay billions for tax swindle
A French court has ordered Swiss bank UBS to pay a record $6 billion in fines for helping wealthy clients evade tax authorities, wrapping up one of the biggest-ever tax evasion trials.
New Labor bank crackdown revealed
Treasurer Josh Frydenberg has dismissed a Labor plan to grill bank chiefs twice a year on their progress implementing royal commission findings as the ‘latest attempt to appear tough’.
Bank boss gets golden handshake
He came under withering fire during the royal commission. Now NAB chief executive Andrew Thorburn is getting a golden handshake.
PM slams Labor’s ‘15 minute’ bank fix
Scott Morrison has criticised Labor’s push for him to make changes after the banking royal commission before the federal election.
Wheelchair-bound mum’s CBA loan bungle
A wheelchair-bound mother has been refused a bank loan after a bungle with her financial details that left her with black marks against her name that didn’t belong to her.
Billionaire’s embarrassing bitcoin backdown
A major bank will become the first of its kind to issue its own form of crypto, less than 18 months after its boss said the form of currency was “stupid”.
AMP profit plunges 97 per cent
Beleaguered wealth manager AMP’s profit has plummeted 97 per cent to just $28 million after taking a beating at the banking royal commission.
Brace for home-loan rate hikes
Home loan customers should prepare themselves for more interest rate increases in 2019. Here are the lenders who have already lifted variable rates this year.
Banks face whopping new punishments
Banks still dealing with the fallout from the royal commission are now facing the prospect of massively increased penalties for wrongdoing.
Original URL: https://www.adelaidenow.com.au/business/companies/banking/page/200