CBA CEO Ian Narev says strong bank profits are 'critical' amid volatility
Ultra-low interest rates have upended banks' economic models, Commonwealth Bank boss Ian Narev says.
- by James Eyers
Latest
ASIC confirms investigation into ASX trading failure as outrage mounts
ASIC is investigating why the ASX could not function on Monday but it is not the only organisation that demands answers.
- by Jessica Sier, Vesna Poljak, Yolanda Redrup and James Eyers
ANZ Banking Group reshuffles management
ANZ chief operating officer Alistair Currie will depart later this year in a shake-up of the operations functions at the bank.
- by James Eyers
ANALYSIS
Bank bill rate-rigging cases a big test for Federal Court judge
High-powered legal teams are preparing a plan for how three bank bill swap rate cases should be managed in the Federal Court.
- by James Eyers
CBA braced for fourth rate rigging case
ASIC wants to settle cases against ANZ, Westpac and NAB, but the spectre of a Royal Commission means they don't.
- by James Eyers
ASIC to build fintech start-ups a 'regulatory sandbox' to test ideas
An ASIC consultation paper released on Wednesday follows a 'regulatory sandbox' proposal by Treasurer Scott Morrison in the May budget.
- by James Eyers
NAB sued by ASIC over rate rigging
National Australia Bank is the third of the big four banks targeted by the regulator for alleged manipulation of the bank bill swap rate.
- by James Eyers and Clancy Yeates
What millennials really think about banks
Telstra has studied the behaviour of 30,000 millennials in eight countries to paint a picture of the future of banking.
- by James Eyers
Global regulators attuned to blockchain risks
The outgoing chair of IOSCO says financial services blockchains will be restricted, must be interoperable and their 'smart contracts' might require 'kill switches'.
- by James Eyers
CBA predicts competition for deposits will heat up
Banks may be forced to pay savers higher interest rates on their deposits ahead of new global banking rules.
- by James Eyers and Clancy Yeates
FlexiGroup now funding Kikka's business loans
FlexiGroup CEO Symon Brewis-Weston said the pace of Kikka's growth would be dictated by the performance of its loan book over the next 18 months.
- by James Eyers
Original URL: https://www.watoday.com.au/by/james-eyers-j7gbd