ANZ cuts 60 jobs in markets arm
ANZ will slash at least 60 jobs from its troubled markets division in Australia and global offices amid ACCC cartel case.
Bank Inquiry
A world of independent operators
Australia’s best financial advisers are rushing to the exits of our biggest financial institutions in the wake of the bank inquiry.
Bank inquiry hearings head north
Westpac is the only big bank to dodge the next round of bank inquiry hearings, as Suncorp and Youi face their first grilling.
NAB fires back at inquiry claims
NAB has fired back at suggestions it engaged in misleading conduct, as banks respond to latest hearings.
Dover’s over: ASIC investigates
The closure of financial planner Dover, whose owner collapsed during the bank inquiry, has left 30,000 customers in limbo.
AMP facing fourth class action
Slater and Gordon has joined the queue of class actions filed against AMP after scandals revealed at the bank inquiry.
Cartel case nets six bankers
Six of Australia’s highest-powered investment bankers have been charged over alleged cartel conduct, in an explosive criminal case.
Beware bank-bashing show trial
The banking royal commission shows worrying signs of being a public show trial for people to vent antipathy towards banks.
Former AMP planner banned
ASIC has banned a former AMP financial adviser for five years after he finding he failed to act in the best interest of clients.
‘Why work with the lender?’
ASIC’s offer to “work with” banks over unfair contract breaches has drawn fire from commissioner Hayne.
CBA ‘may have breached Act’
Wrapping up proceedings, Michael Hodge QC says misleading statements sent by CBA may attract penalties.
NAB inquiry attack falls flat
NAB concedes it had no lawful entitlement to seize the proceeds of a sold home to repay the owner’s business debts.
CBA admits misconduct failures
CBA’s chief risk officer concedes the bank’s risk management is not up to scratch, and it did not properly log misconduct.
Pub sale demand ‘not surprising’
Bankwest pressure to sell a pub despite a clean payment history wasn’t surprising, CBA’s chief risk officer has told the inquiry.
Hayne heading for the country?
Inquiry hearings into agricultural lending may widen to probe banks’ dealings with indigenous communities.
AMP action funding under wraps
Shine Lawyers has refused to detail funding arrangements for its class action suit against AMP amid law firm bidding war.
Banking code in the balance
ASIC’s approval of the banking code of conduct depends on evidence at the royal commission, it has told Kenneth Hayne.
‘We were totally bankrupted’
A former pub baron has told the bank inquiry how receivers appointed by CBA ripped out $180,000 worth of chandeliers.
CBA’s Bankwest mess
In a highly anticipated appearance, CBA’s David Cohen detailed the disasters in Bankwest’s loan book.
Beware the cost of bank bashing
Wheeling out a blind pensioner was a new low for the royal commission’s theatrics.
Original URL: https://www.theaustralian.com.au/topics/bank-inquiry/page/26