NAB earnings miss amid profit squeeze
Despite the decline in earnings, freshly minted NAB boss Andrew Irvine hinted that the competitive home loan market was easing.
Banking
Major Aussie bank to scrap cash this month
An Australian bank will go completely cashless from later this month as it switches to a fully digital offering.
ASX sinks on Wall St sell-off, Fed fears
Aussie shares slumped on the first day of the new month as anxieties mount about US inflation and interest rates.
Stocks inch higher on depressed retail sales
Aussie stocks edged higher on Tuesday after a slump in retail sales pushed back fears of impending rate hikes.
More Stories
ANZ unveils $1.6 billion profit
ANZ has posted a half-yearly net profit of $1.6 billion, up eight per cent on the prior corresponding period.
Bank posts $4.9b profit but it’s not enough
THE Commonwealth Bank has posted a record half-year return but the government wants to make sure it will be even bigger in the future.
CBA posts record first half cash profit
COMMONWEALTH Bank has lifted its first-half cash profit two per cent to $4.9 billion, but there’s bad news for interest-only investor loans.
Westpac banker jailed over $4m fraud
HE SIGNED them up for massive loans and took their money, promising big returns— but it all disappeared in a puff of smoke.
From less than $2 to $2 million overdrawn
A MAN woke up to find he was $1.95 million overdrawn on his account that doesn’t even have an overdraft.
Why your ‘security question’ sucks
SO-CALLED “security questions” long ago outlived their usefulness, but banks still pretend they work. Here’s why they are “absolutely brain dead”.
Deutsche Bank’s whopping GFC fine
DEUTSCHE Bank has agreed to a whopping $9.5 billion settlement with US authorities over the 2008 financial crisis, the largest single fine so far.
Customer fury over bank’s cheeky fee
ONE of the nation’s banks is about to slug home loan customers who are trying to reduce their monthly interest charges.
How you can stop losing money
FOR the first time since 2014, the interest paid on savings accounts has fallen below inflation rate. But there is a way to stop losing money.
Westpac delivers $200 baby bonus
EVERY child born in Australia this year will receive a $200 windfall into a new savings account to help them kickstart their financial future.
Original URL: https://www.thechronicle.com.au/business/companies/banking/page/102