Rivals pour $45 billion into flailing bank
A US bank that was teetering on the brink of collapse has been shored up after some of its rivals made deposits worth billions of dollars.
Banking
‘Intimidate’: Major bank spying on staff
Australia’s biggest bank has been criticised for conducting secret surveillance on staff in a move that has been labelled as “unacceptable”.
‘Perfect storm’: Next bank to fall predicted
The expert who successfully predicted the 2008 Lehman Brothers’ collapse has dropped his latest forecast – and it doesn’t look good for one bank.
Chaos exposes nasty $19 trillion problem
Experts are warning that, although protecting depositors may have prevented an immediate crisis, it could wreak havoc for the future.
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NAB ‘sorry’ for major tech glitch
The National Australia Bank has apologised to customers after its second tech meltdown in just five days caused chaos for internet banking and ATM users.
The one big problem with the new war on banks
Australia’s corporate watchdog is hiring an army of lawyers for more than a dozen new investigations into banks as the royal commission wraps up. But experts warn it might not be enough.
Unexpected reason to chop up credit cards
Tighter lending restrictions due to the banking royal commission are forcing Aussies to be more vigilant with their spending.
NAB customers’ banking outage fury
Australian customers of the National Australia Bank were hit by an outage today for four hours, but the cause is still unknown.
Banks offer relief to Opal residents
Owners of apartments in Sydney’s cracked Opal Tower are being offered mortgage relief as the future of their properties remain in limbo. Find out what is being offered.
Why we say ‘no way’ to Huawei
Technology giant Huawei is so deeply embedded in Australia’s critical infrastructure the Chinese agency could bring the country to its knees in the event of a conflict.
Banking payment outages spark chaos
Furious customers stranded in shops are lashing out at Westpac and ANZ on social media saying they are unable to pay for their goods.
Investors hit back over bank bonuses
Three of Australia’s big four banks face the very realistic prospect of a spill vote during next year’s AGM season after shareholder revolts over executive pay.
Drastic move as home loan risk shifts
Australia’s banking regulator is backtracking on a cap it introduced on risky loans, but there are concerns it’s making the wrong move.
Big change coming for NAB exec pay
National Australia Bank is scrapping its controversial executive pay structure after more than 80 per cent of shareholders voted against it.
Original URL: https://www.dailytelegraph.com.au/business/companies/banking/page/198