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Why big banks will have a target on their back next year

Why big banks will have a target on their back next year

Australia’s banking sector is in rude health as far as the public is concerned and that could potentially land it in trouble in an election year.

  • by Sumeyya Ilanbey

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‘What the hell is going on?’: Big bank’s year of woe summed up in one meeting
Opinion
Big four

‘What the hell is going on?’: Big bank’s year of woe summed up in one meeting

A horror annual general meeting is an ignominious way for ANZ’s outgoing boss Shayne Elliott to mark his exit.

  • by Elizabeth Knight
‘Conditions are favourable’: NAB chief sees economy in good shape ahead of rate cuts

‘Conditions are favourable’: NAB chief sees economy in good shape ahead of rate cuts

National Australia Bank chief executive Andrew Irvine says the nation’s economy is in “reasonable shape” and he’s optimistic about trading conditions in 2025 as interest rates decline. 

  • by Daniel Lo Surdo
Scam strike on global giant is a warning shot to banks
Opinion
Scams

Scam strike on global giant is a warning shot to banks

The regulator’s case against HSBC moves the needle from customer beware further towards bank beware.

  • by Elizabeth Knight
Activists keep pressure on big banks despite $10b cut in fossil fuel lending

Activists keep pressure on big banks despite $10b cut in fossil fuel lending

An analysis of banks’ environmental, social and governance strategies comes as a deadline looms for businesses to provide climate transition plans to one bank or risk losing finance.

  • by Sumeyya Ilanbey
Company blamed for Cbus insurance delays hits back

Company blamed for Cbus insurance delays hits back

Cbus has partially blamed administration platform MUFG for delays in paying out life insurance claims. The group’s CEO hit back on Friday.

  • by Sumeyya Ilanbey
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Could Trump spark another financial crisis?
Opinion
Regulation

Could Trump spark another financial crisis?

Some of Wall Street’s most powerful people are still celebrating the president-elect’s victory, but they should be wary.

  • by Stephen Bartholomeusz
Why did ANZ look past its bench to pick a superstar CEO
Opinion
Big four

Why did ANZ look past its bench to pick a superstar CEO

The Big Four bank’s decision to fly in an overseas star banker is at the very least curious – and potentially risky.

  • by Elizabeth Knight
ANZ chief to step down, replacement named

ANZ chief to step down, replacement named

ANZ chief executive Shayne Elliott will step down next year after nine years at the helm.

  • by Sumeyya Ilanbey and Omer Ilanbey
This big bank plans to kill the password by 2030

This big bank plans to kill the password by 2030

The head of cybersecurity at one of Australia’s Big Four says it’s time to put passwords to bed, and replace them with something better.

  • by Sumeyya Ilanbey and David Swan
The one player fuelling the $148b bank bonanza
Opinion
Big four

The one player fuelling the $148b bank bonanza

The surge in bank shares this year has been truly enormous. But if booming profits aren’t driving the great bank share rally, what is?

  • by Clancy Yeates

Original URL: https://www.watoday.com.au/business/banking-and-finance