Consumer lending (919 items)

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Comment: Three priorities for any banking inquiry

"If there is to be a banking royal commission, may it shine the spotlight on three of Banking Day's favourite topics," we asked, taking an optimistic view, back in early April (see Labor's banking inquiry shemozzle).One of our top topics, we wrote, may be "a study bound to be disconcerting for all those that have hooked their reputations to the BS and bulldust story of Australian exceptionalism during the great recession." Banking Day has called before for a "DFAT-style 'select documents' release to foster understanding of the shaky history of Australian banking." read more

Foreign news: BNP backs crowdfunding blockchain, Wells Fargo accounts scam fallout, Brits trust banks over govt, Basel to redefine risk weighted capital

BNP is working with crowdfunders, Wells Fargo caught out in cross-selling fee scam, Brits trust their big banks on biometrics, but the Basel Committee doesn't want to trust Euro banks' internal risk weighted capital. read more

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