Lender

May 3 2018

The embattled lender has been forced to confront media reports that it lost the personal bank details of almost 20 million customers.

May 3 2018

A big four bank has managed to grow its loan book by 6 per cent over the half-year to 31 March, with 51 per cent of mortgages now originated via the broker channel.

May 1 2018

The Commonwealth Bank of Australia has said that APRA’s concerns regarding its culture and governance are “critical and fair”, has apologised for its “mistakes” and has offered the regulator ...

May 1 2018

The Australian Prudential Regulation Authority has released a report slamming the Commonwealth Bank of Australia for having “inadequate oversight”, “unclear accountabilities” and “a ...

Apr 30 2018

Leading forecaster and AMP chief economist Shane Oliver believes new bank policies around debt to income will further weigh on mortgage lending and house prices.

Apr 30 2018

The major bank has “reaffirmed” the performance of its mortgage portfolio, off the back of findings made in a confidential report that was released during the royal commission.

Apr 30 2018

Banks that fail to digitally transform are at risk of losing their competitive edge to the rising number of online players entering the market, according to Moody’s.

Apr 24 2018

A big four bank is ramping up its security efforts around broker-introduced loans by ensuring that all new customers visit a bank branch in person.

Apr 23 2018

AMP’s address to the royal commission has revealed examples of inappropriate advice to switch super funds, with one instance being a client losing almost a quarter of their balance after ...