Industry ponders 'oath' with an exit clause 30 July 2012 5:09PM Six of Australia's most powerful executives have formed a company to improve ethical conduct at local banks and fund managers. read more
NAB counts its European collateral 23 November 2011 6:04PM National Australia Bank has ramped up its involvement with Europe's beleaguered banking system, despite rising concerns that leading French and German banks will need to recapitalise ahead of anothe.. read more
Value of fees class-action fades daily 10 October 2011 4:53PM IMF (Australia) executives and their lawyers at Maurice Blackburn are wrestling with the tricky question of when to extend the legal action being brought against ANZ over its exception fees to other.. read more
Penalty-fee politics aired in ANZ court stoush 06 October 2011 5:54PM The rationale for ANZ's cuts to exception fees on a swathe of accounts in late 2009 is the subject of a last-minute skirmish between plaintiffs and the bank in a class action over penalty fees being.. read more
ANZ instructive on disclosure documents' hazy purpose 05 October 2011 5:22PM Might some of the provisions of a Product Disclosure Statement not be contractual terms between a customer and his or her bank? ANZ yesterday advanced this position in a test case over exception fee.. read more
Tetchy start to trial over ANZ exception fees 04 October 2011 5:43PM The first day of hearings in the exception fees test case brought against ANZ got off to a tense start as barristers and the judge sparred over the admissibility of six affidavits from senior ANZ .. read more
Penalty fee test case lumbers into court 03 October 2011 6:18PM A much-anticipated class action brought by entrepreneurial litigators against ANZ over the validity of exception fees will take centre stage in the Federal Court in Melbourne this morning. If successf.. read more