Bosses sued over bank’s massive collapse
The collapse of Silicon Valley Bank sent shockwaves around the world and now furious investors are taking their grievances to the courts.
The collapse of Silicon Valley Bank sent shockwaves around the world and now furious investors are taking their grievances to the courts.
Nearly 900,000 Aussies could be in for bill shock when their cheap pandemic fixed-rate home loan expires by the end of the year.
The rock star CEO made a splash by promising to disrupt banking. But his lender had a history of being accident prone.
A devastated Melbourne woman has shared a stark warning after losing thousands to an elaborate scam.
Mortgage brokers say first homebuyers could be forced to pay thousands of dollars in upfront fees, but critics have slammed the “scare campaign”.
Real estate prices in Australia may be coming down but you still might not be earning enough to get onto the property ladder.
The biggest change from the royal commission could see a ‘festival of fees’ and higher interest rates.
Luxury lifestyles of Australia’s “worst bank” staffers as the National Australia Bank’s culture of extravagance for big spenders is revealed.
Outgoing NAB chairman Ken Henry has revealed why he resigned after the royal commission. And the now infamous exchange he regrets.
He was once Australia’s most popular politician and now he could be in line for the lucrative role of chief executive at the troubled bank, currently worth $4.3 million a year.
The banking royal commission reserved its harshest criticism for NAB chief executive Andrew Thornburn and chair Ken Henry, and now both have quit.
Outgoing NAB chairman Ken Henry has admitted his performance on the stand during the royal commission into the banking sector was uncomfortable to remember.
After a year in which the markets expected interest rates to rise, the Reserve Bank of Australia’s governor has revealed the official cash rate now has a 50-50 chance of being slashed to a record low.
Australia’s biggest bank recorded a massive profit less than two days after the royal commission’s final report was handed down.
Original URL: https://www.dailytelegraph.com.au/business/companies/banking/page/194