ANZ 'resets' pay scales for its top brass 20 December 2018 5:54PM The ANZ board have escaped the heavy critique of its operations and management seen in other post royal commission bank AGMs, but in the final analysis, shareholders did deliver the expected first str.. read more
ANZ's board, execs, harried and questioned at AGM 20 December 2018 5:52PM ANZ's AGM was notable for the depth and breadth of questions from shareholders, and most were identified as local investors. read more
Unfair card practices inb a rut 19 December 2018 5:21PM A second ASIC report into changes lenders are making to allow their customers to cope more effectively with credit card debt can best be described as a mixed report card. read more
Card fraud rates keeep climbing 19 December 2018 5:20PM The year to 30 June 2018 saw card fraud in Australia climb to A$565 million, an effective growth rate of 4.8 per cent, a consequence of rising card-not-present fraud. read more
ABC pans ASIC: Elliott left off ANZ rate rig list 14 December 2018 5:45PM The ABC has asserted that Federal Court documents show the bank's current chief executive, Shayne Elliott, at one stage took a far more active role in plans to manipulate the BBSW in 2010 than has bee.. read more
Westpac AGM showcases shareholder discontent 13 December 2018 6:00PM Westpac's AGM involved a wide ranging discussion on topics as far apart as climate change and new accounting standards for loss provisioning in the lead-up to the very heavy first strike against th.. read more
Avoka leaps to Temenos 13 December 2018 5:41PM The mid-sized Australian banking technology company Avoka is to be acquired by Geneva-headquartered banking software company Temenos for US$245 million. read more
Macquarie Group given positive outlook by S&P 12 December 2018 4:40PM Major ratings agency Standard and Poor's revised their outlook on Macquarie Group from stable to positive on the back of the group's move to a simplified structure, and the absence of any adverse test.. read more
BOQ banker becomes a cash convert 07 December 2018 5:45PM Bank of Queensland has lost another of its top executives with the resignation yesterday of Brendan White, group executive BOQ Business, to take up a role as CEO of payday lender Cash Converters. read more
Banking all mobile 07 December 2018 5:43PM Market research firm Roy Morgan has found that a rapid rise in mobile phone banking has caused an equally large fall-off in bank branch visits, although branches are still valued by high-income househ.. read more