Lender

The major bank’s chief risk officer, Alexandra Holcomb, is to retire after 22 years with Westpac Group.

The major bank has admitted that weakness in Australia’s housing market has persisted longer than it expected, and has also predicted prices to moderate further.

The big four bank has partnered with school leavers platform Year13 to offer young Australians a free online financial literacy program.

Treasurer Scott Morrison has said that the federal government has “no shortage of bills” and will use some of CBA’s $700 million penalty to pay them.

The Mortgage Business Uncut podcast is your weekly analysis of the biggest themes shaping the Australian mortgages market.

The big four bank has announced today that it will pay a civil penalty of $700 million after admitting to further contraventions of Australia’s Anti-Money Laundering and Counter-Terrorism ...

The counsel assisting the financial services royal commission has put it to Commissioner Ken Hayne that he should not be open to consider increases to responsible lending obligations.

Legal proceedings are being pursued against ANZ, Deutsche Bank AG and Citigroup Global Markets Australia Pty Limited for alleged cartel conduct.

The major bank has admitted to the financial services royal commission that it had “no lawful entitlement” to seize the full sale proceeds of a customer’s home.

The major bank has acknowledged to the royal commission that there were “shortcomings” in the way it identified and addressed risk.