CBA chairman’s role under fire
CBA has managed to avert any serious discussion of the key relationship in the bank during its long slide into disrepute.
Bank Inquiry
Savaged ASIC vows fightback
Banks can expect more criminal cases brought by the corporate regulator after a sustained attack on its poor enforcement record.
ASIC chief’s 50 shades of grey
Where the public sees black and white, James Shipton talks of a “spectrum of reasonableness”. He needs to cut to the chase.
ASIC boss admits to ‘mistakes’
The top corporate cop has made a number of shocking admissions about its dealings with the banks under unrelenting grilling.
ASIC flogged over NAB
Under-fire ASIC chairman taken to task for regulator’s limp response to NAB’s loan fraud scandal.
Adding up mortgage broker cost
One phone call saved my workmate $210 a month, but who is paying the cost of mortgage brokers?
We got it wrong: Hartzer
Westpac chief Brian Hartzer says big banks underestimated the challenges in pushing into wealth management.
Macquarie pay model ‘better than the majors’
Macquarie CEO Nicholas Moore held up the investment bank’s pay model as ‘more powerful’ on accountability.
Rogue bankers unchased by cash-starved watchdog
James Shipton blames inadequate funding for leaving ASIC hamstrung in chasing badly-behaved bankers.
Cosy days are over for Constable Plod
James Shipton had escaped royal commission scrutiny to date because he is only new in the job. That has ended.
Corporate cop to crack whip
ASIC chairman James Shipton has told the bank inquiry ASIC plans to release a beefed-up enforcement policy in December.
ASIC chair fumes over funding
ASIC’s boss has blamed inadequate funding for leaving it “heavily” hamstrung in “every aspect” of its work.
Who does ASIC’s boss bank with?
As the head of ASIC takes the stand at the Hayne show, you’ll never guess who he turns to for his personal financial services.
Grilling turns into master class
Macquarie boss Nicholas Moore’s turn in the Hayne hot seat quickly morphed into a tutorial on how to run a finance shop.
Planners ‘must lift standards’
Westpac boss Brian Hartzer admits banks didn’t properly think through the challenges of pushing into wealth management.
Banking’s rot spread far and wide
Don’t kid yourself that the broken culture unearthed by the royal commission is limited only to banks.
Ex-CBA chair needed to act
Former CBA chairman David Turner was a key man when CBA slid into the mire being exposed at the royal commission.
Executive incentives absurd
Rowena Orr’s questioning of CBA chair Catherine Livingstone elicited a picture of greedy, weak and incompetent directors.
Livingstone wounded but soldiers on
A lifetime of achievement was on the line when the Commonwealth Bank chairwoman entered the witness box.
D-Day on pay policies as CBA grilled
The intricacies of CBA’s deliberations over executive pay have been laid bare at the Hayne royal commission.
Bank pulled the pin after struggling to manage perceptions
Westpac quit funds management after it became too hard to manage the “perception” of a conflict of interest.
We should have cut bonuses: CBA chair
Catherine Livingstone said the lender’s board should have taken a harsher approach to punishing executives.
CBA internal audits raised flags
CBA’s audit problems were highlighted in a confidential paper prepared for an meeting set up by chief Matt Comyn.
Hayne’s remuneration revolution
Commissioner Kenneth Hayne’s statement on executive pay should be obvious. In practice, it’s radical.
Ex-chair’s singular approach
Former chairman David Turner apparently didn’t recognise the bank depicted in APRA’s damning report on CBA’s culture.
CBA chair grilled over memory
Catherine Livingstone admits most CBA executives shouldn’t have got a 2016 bonus, as her version of events was questioned.
Customers’ long wait for compo
Some Westpac customers will have waited 11 years to be compensated after being charged for advice they never received.
Beware the blame game
It’s easy for CBA to blame Ian Narev. But it was a cocktail of two toxic cultures that undid our once-admired banks.
Tracking the old CBA team
As CBA’s CEO and chair dump on the old guard, what’s happened to Ian Narev’s once celebrated team?
‘Temper your sense of justice’
CBA chief Matt Comyn says his efforts to stop the bank offering controversial products were stymied by former executives.
Original URL: https://www.theaustralian.com.au/topics/bank-inquiry/page/9