banking
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World
Macquarie Bank’s dodgy trading may be ‘tip of the ‘iceberg’ for industry
Several sources have told the ABC that financial market participants regularly circumvent the law to improve the “bottom line”, motivated…
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World
Big Four banks to keep their regional branches open until at least mid-2027
The Big Four banks have agreed to keep their regional branches open until at least 2027, under a new deal…
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World
Cash could make a comeback as major outages expose risks
When a CrowdStrike update caused millions of Microsoft systems to crash around the world in July 2024, many started questioning…
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World
ASIC to sue HSBC over ‘spoofing’ scam
The corporate watchdog is suing multinational banking giant HSBC over a scam that netted $23 million, alleging it failed to…
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World
Three of Big Four banks reckon rate cuts won’t happen until autumn
The Reserve Bank of Australia’s (RBA) board is meeting for the final time this year to make a decision about…
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World
Commonwealth Bank to charge customers $3 ‘withdrawal fee’ to access their own cash
The Commonwealth Bank has unveiled major changes to one of its main everyday account offerings that will see customers charged…
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World
NAB sued by ASIC for failures in financial hardship claims
National Australia Bank (NAB) has been sued by the corporate regulator for failures in dealing with customers experiencing financial hardship.…
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World
Commonwealth Bank investigating ‘duplicate transactions’ as some customers report negative balances
Commonwealth Bank users are reporting an error which has seen duplicate transactions being taken out their bank accounts, resulting in…
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