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May 31 2019
Two customer-owned banks have announced that they are to merge, in what is being billed as “one of the largest mergers in the customer-owned banking sector in recent times”.
May 31 2019
The major bank has joined several lenders in cutting its mortgage rates in anticipation of a monetary policy adjustment.
May 29 2019
Commonwealth Bank CEO Matt Comyn has announced a new cashback rewards scheme for the bank’s “energy-efficient” mortgage customers.
May 27 2019
The managing director and CEO of the financial services group has stepped down from his post, effectively immediately.
May 23 2019
The prudential regulator said the self-assessments carried out by financial institutions have shown that CBA is not the only one in the industry to be “grappling to manage” governance and ...
May 21 2019
If you want to provide the best service to your financially challenged clients, it’s important you understand credit repair so you can steer them in the right direction.
May 21 2019
The prudential regulator is looking at revising its guidance on the serviceability assessments that banks perform on residential mortgage loan applications, giving them greater flexibility ...
May 20 2019
The change in the credit environment following the banking royal commission is not a result of any change in law or regulatory intervention, ASIC chair James Shipton has said, adding that he ...
May 17 2019
The prudential regulator has granted a foreign ADI licence to a France-based lender.
May 15 2019
The prudential regulator has “downplayed” and “dismissed” competition risks associated with its regulatory reforms, according to a new report.
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