Oxfam challenges Big Four over land grab funding deals 16 February 2016 5:30PM The Australian arm of world-wide development organisation Oxfam has followed up an earlier report on the role of Australia's Big Four in funding some very doubtful enterprises in Asia, and the news.. read more
Customers would ditch bank for unethical behaviour 16 February 2016 5:29PM Nearly half of Australians surveyed would consider changing banks if they became aware that the bank was behaving unethically, according to a new Oxfam Australia poll released yesterday. read more
ANZ shakes up NZ exec levels 16 February 2016 5:27PM A series of changes to the senior leadership of ANZ Bank New Zealand were announced yesterday by CEO David Hisco. read more
Comment: Funding tide turns choppy for Bank of Queensland 10 February 2016 4:52PM The gloomy closing comment by Bank of Queensland's chief executive officer Jon Sutton notwithstanding, his bank's wholesale funding task seems to have become a tad easier in recent times. read more
KPMG Australia acquires fintech integration firm Markets IT 10 February 2016 4:50PM KPMG Australia has acquired Markets IT, a Melbourne-based firm specialising in integrated trading, risk management, regulatory reform, trader surveillance, processing and post-trade software for both.. read more
Fair Go Finance penalised for overcharging payday borrowers 10 February 2016 4:47PM Following ASIC's intervention, payday lender Fair Go Finance Pty Ltd has been hit with suppression orders totalling A$34,000 for overcharging interest and establishment fees on loans. read more
High Court refuses CBA customer's appeal on margin loan 09 February 2016 4:50PM The High Court has refused an aggrieved former CBA wealth management client special leave to appeal against a decision by the Full Federal Court dismissing his claim for compensation when a CBA office.. read more
Big Four banks regain customer satisfaction 05 February 2016 5:19PM In December, three of the Big Four banks showed some improvement in the levels of retail customer satisfaction and are close to their historically high levels. read more
Choppy economic conditions sort out bank stock valuations 05 February 2016 5:17PM Mixed economic messages are causing confusion for investors but some of the risks for the year ahead have been overstated, according to Australian Unity Investments' joint venture asset managers. read more
Technology vendors ditch 'per user' licences for 'platform as a service' 05 February 2016 5:11PM Technology vendors of large-scale administration and other software systems are being pressured by their financial services clients - notably, super funds, banks and insurance companies - to abandon c.. read more