Slater & Gordon posts $1 billion loss on goodwill writedowns
Slater & Gordon posted a $1 billion full-year loss as the company tries to fight its way out of trouble and keep its bankers happy.
- by Jonathan Shapiro
Latest
Sacked trader drops case against ANZ
Etienne Alexiou, the trader at the centre of ANZ's dealing room culture scandal, has dropped his case against the bank
- by Jonathan Shapiro
ASIC says hands-off company directors must get their noses in to culture
ASIC chair Greg Medcraft is not accepting the excuse boards are 'hands off' and not responsible for wayward cultures.
- by Jonathan Shapiro
ANZ traders admit BBSW a measure of who has the 'bigger balls'
ANZ traders openly questioned the legitimacy of the BBSW as they suspected rival banks shifted the rate to increase their bonuses, new court documents have revealed.
- by Jonathan Shapiro
Westpac rates traders roll the dice in the BBSW 'casino'
Court documents show how Westpac battled rival banks in the BBSW "casino" and didn't always win.
- by Jonathan Shapiro
RBA lowers inflation forecasts, ready to cut rates again
The RBA is not expecting inflation to return to its target range until 2018. That means further rate cuts may be on the cards.
- by Jonathan Shapiro
Westpac defends foreign investor loan retreat
Westpac says its decision to stop lending to foreigner investors has caused problems for property developers targeting that market.
- by Jonathan Shapiro
Sex, drugs and unsecured bonds: Behind the next ANZ trader allegations
Two separate cases against ANZ hinge on whether the bank's traders were manipulating markets or legitimately trying to protect the bank's mega loan book from interest rate risk.
- by Jonathan Shapiro
Rio Tinto to buy back $US1.5b bonds as it cuts debt
Rio Tinto is taking advantage of the recent surge in iron ore prices to cut its debt, saying it will buy back $US1.5 billion of bonds.
- by Jonathan Shapiro
RBA warns apartment 'mismatch' could hit prices, rents
The RBA has identified a "mismatch" between the growing supply of apartments on the east coast and softening demand
- by Jonathan Shapiro
ASIC chair Greg Medcraft says funding will boost surveillance powers
ASIC chair Greg Medcraft is staying out of the Royal Commission debate, but says more funding means more proactive surveillance to keep the banks honest.
- by Jonathan Shapiro
Original URL: https://www.smh.com.au/by/jonathan-shapiro-j7ge1