Commonwealth Bank will dump bonus caps agreed in the shadow of the Hayne royal commission as it opens a new front in the mortgage war in a bid to stem market share losses to rival Macquarie.
CBA is embarking on a major strategic shift involving pushing its Bankwest brand to mortgage brokers. Oscar Colman
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James Eyers writes on banking, payments and fintech. He is a former legal and investment banking editor at the AFR, has degrees in commerce and law from UNSW, and is co-author of Buy now, pay later: The extraordinary story of Afterpay Connect with James on Twitter. Email James at jeyers@afr.com.au
