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The banking industry have been played for fools, disoriented into yielding to the clever, costly plans of Lindsay Fox and Linfox Armaguard. read more

Why not pay more if you want to? This is the both sensible and silly retort of banks at the very moment they are being outfoxed from every angle. Paying more turns out to cost more than $100 million... read more

APRA has removed the $500 million capital add-on it imposed on NAB in response to issues identified in the bank’s risk governance self-assessment. read more

Investing in its business and, as usual, allowing costs to get away from it, Great Southern Bank has reported a lower profit over the half year to December 2023. read more

“There’s no reason we can’t be Australia’s first member-owned bank to have a million members,” People First Bank believes. read more

Commonwealth Bank will shut 45 Bankwest branches in Western Australia by the end of the year and convert 15 more to the main CBA brand. read more

The application of Moody’s revised Advanced Loss Given Failure analysis to certain Australian banks yesterday has led to a shake-up of credit ratings for four banks, including two downgrades for regio.. read more

David Marshall, chief executive of Defence Bank, has left to lead Ultradata as its CEO. read more

Islamic Bank Australia surrendered its restricted banking licence to APRA last Friday. That’s three voluntary exits by neobanks. There are bound to be more. read more

The barely challenged lack of competitiveness or even relevance of Suncorp Bank is the dark heart underlying the full decision of the Australian Competition Tribunal to grant authorisation for ANZ to.. read more