Suncorp profit up 49 per cent
SUNCORP has lifted its full year profit almost 49 per cent following an improved performance from its banking and insurance business.
Banking
CBA makes record $8.68b profit
COMMONWEALTH Bank has posted a record $8.68 billion full year cash profit, with gains across each of its core divisions.
Banks to be stung for their dodgy fees
ARE the big banks about to get their comeuppance? You might be entitled to hundreds in compensation if people power wins the day.
Big banks face class action lawsuit
YOU may get some of those silly bank fees back under a class-action lawsuit filed against Westpac, NAB and Citibank, with CBA, ANZ and Amex to follow.
Bank to pay record $17.11bn fine
BIG banks are continuing to be fined over their actions in the lead-up to the GFC. One banking giant is to agree to a record $17.11 billion payment.
How to start your own currency
EVER wanted your face printed on a crisp bank note? Here’s how you could create your very own homegrown paper.
New boss sacks workers on first day
THERE’S a reason why Australians often fear new bosses. The head of one of Australia’s biggest companies has swung the axe on his first day.
CommBank caught out again
CBA pledged openness and transparency as it tries to move on from the financial planning scandal. But it’s been caught secretly recording phone calls.
Rage against the machine fees
PRESSURE is building for cash machine operators to display fees before a transaction commences, not once it is almost complete.
Labor slams ‘scandalous’ CBA
LABOR has called for a fresh inquiry into “scandalous” actions at the Commonwealth Bank, saying it’s not convinced Aussies are protected.
ConBank: CBA’s decade of dirty tricks
FOR a decade, CommBank has been embroiled in a scandal involving forged signatures and dodgy financial planning. They’re finally saying sorry.
JPMorgan boss Dimon has cancer
JAMIE Dimon, CEO of JPMorgan Chase, is in treatment for throat cancer.
JPMorgan CEO to get cancer treatment
JPMORGAN Chase & Co CEO Jamie Dimon has throat cancer that will require radiation and chemotherapy treatment this summer.
10 ways your bank is making you poorer
THESE are the tricks the banks don’t want you to know. Financial institutions have a multitude of sneaky ways to charge you more, but here’s how to not get ripped off.
CBA denies covering forgery scandal
ONE of Australia’s biggest banks has been accused of forging client signatures and covering it up, amid calls for an investigation into practices at the company.
Westpac CEO wants women at top
WESTPAC chief executive Gail Kelly says the bank’s plan to quash gender inequality and have an even share of men and women at the top is on track.
Banker sues over tiny $8m bonus
A FORMER Goldman Sachs trader is suing the investment bank after his annual bonus was about $5 million less than he told his mum to expect.
PM in secret talks to ‘deregulate banks’
FOREIGN banks would be given greater access to the Australian market — including customer data — if Tony Abbott gets his way, according to a report.
Government snatches $360m from accounts
DON’T leave your money alone, the government has snatched a record $360 million from household accounts that have been dormant for just three years.
Pope Francis sacks Vatican board
POPE Francis has sacked the all-Italian board of a powerful Vatican group. Why did he take such a drastic action?
Book co-op is giving away $45 million
FINALLY, some good news for students (and former students). The Co-op Bookshop is giving away $45 million to its members. But there’s a massive catch.
‘Mr Teflon’ may exit JPMorgan
JAMIE Dimon, the man dubbed Wall Street’s Mr Teflon for holding on to his job at JPMorgan amid a string of problems, may be set to exit.
NAB banker, mate in alleged $7m scam
A BANKER and a public servant who were mates at university have been arrested over what police say is an insider trading scam involving the Australian dollar that netted $7 million in nine months.
Weed industry hatches banking plan
MARIJUANA sellers in the US have hatched a plan to move their dank-smelling cash to easily auditable banking accounts. Will it work?
Westpac lifts cash profit 8 per cent
ANOTHER big four bank has reported massive profits. Westpac has reaped in $3.77 billion for the half year.
ANZ reports billions in profits
YOU better hope your super fund has some ANZ shares because the Big Four bank just reported massive profits for its first half.
ANZ reports billions in profits
YOU better hope your super fund has some ANZ shares because the Big Four bank just reported massive profits for its first half.
New reasons to hate your bank?
HIGH fees and poor service anger many bank customers, but a new Oxfam report suggests there are many more good reasons to hate the “big four”.
CBA goes down in banking glitch
UPDATE: CBA claims banking services have been restored after a network wide glitch left customers unable to access ATMs or EFTPOS.
‘Robin Hood’ suspect in bank boss shooting
POLICE in Liechtenstein are hunting for a man who called himself ‘Robin Hood’ and is suspected of shooting the CEO of a bank.
Original URL: https://www.news.com.au/finance/business/banking/page/57