AMP CEO resigns over bank misconduct revelations – The Business Times
Banking and finance
24 views
Banking and finance
24 views

AMP CEO resigns over bank misconduct revelations – The Business Times

webmaster - April 20, 2018

The Business Times[SYDNEY] The CEO of Australian bank AMP resigned suddenly on Friday after revelations of widespread abuses by the financial company, including charging thousands of customers…

Banking royal commission: all you need to know – so far – The Guardian
Banking and finance
28 views
Banking and finance
28 views

Banking royal commission: all you need to know – so far – The Guardian

webmaster - April 19, 2018

The GuardianIf they could charge customers for financial advice, and if that “advice” consisted of purchasing their financial products, then they would enjoy a profitable feedback loop.…

‘Economic self harm’: Morrison cautions against bank break-ups – The Sydney Morning Herald
Banking and finance
35 views
Banking and finance
35 views

‘Economic self harm’: Morrison cautions against bank break-ups – The Sydney Morning Herald

webmaster - April 19, 2018

The Sydney Morning Herald"These reforms represent the most significant increases to the maximum civil penalties, in some instances for more than 20 years," Ms O'Dwyer said in…

Riksbank warned against creating e-krona – The Business Times
Banking and finance
10 views
Banking and finance
10 views

Riksbank warned against creating e-krona – The Business Times

webmaster - April 19, 2018

Riksbank warned against creating e-kronaThe Business TimesTHE Swedish central bank's deliberation on creating an electronic currency is sounding the alarm at the country's lenders. The Nordic country…

Wells Fargo & Company Annual Meeting of Shareholders – Virginian-Pilot
Banking and finance
62 views
Banking and finance
62 views

Wells Fargo & Company Annual Meeting of Shareholders – Virginian-Pilot

webmaster - April 19, 2018

Wells Fargo & Company Annual Meeting of ShareholdersVirginian-PilotWells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with $1.9 trillion in assets. Wells Fargo's…

German Finance Minister says EU banking union must first focus on risk reduction – euronews
Banking and finance
71 views
Banking and finance
71 views

German Finance Minister says EU banking union must first focus on risk reduction – euronews

webmaster - April 19, 2018

euronewsWASHINGTON (Reuters) – German Finance Minister Olaf Scholz on Thursday effectively rejected calls for the swift introduction of a EU-wide bank deposit guarantee system as part of…

Has your financial future been destroyed by a bank? – The Guardian
Banking and finance
21 views
Banking and finance
21 views

Has your financial future been destroyed by a bank? – The Guardian

webmaster - April 19, 2018

The GuardianThe banking and finance industry is admitting to shocking misconduct – we want to hear from people who have been affected. Guardian readers. Thu 19 Apr…

Banking royal commission day 14: CBA, Westpac, ANZ – The Australian Financial Review
Banking and finance
6 views
Banking and finance
6 views

Banking royal commission day 14: CBA, Westpac, ANZ – The Australian Financial Review

webmaster - April 19, 2018

The Australian Financial ReviewSkip to navigation Skip to content Skip to footer Help using this website - Accessibility statement Try the AFR free for one month Subscribe…

CBA charged client fees for 10 years after death – The Sydney Morning Herald
Banking and finance
17 views
Banking and finance
17 views

CBA charged client fees for 10 years after death – The Sydney Morning Herald

webmaster - April 19, 2018

The Sydney Morning Herald... client of CBA's Count financial planning arm was charged fees from 2003 to at least 2015, despite the planner knowing she passed away…

‘Absolutely and utterly disgusting’: Westpac’s advice led to couple’s ruin – The Sydney Morning Herald
Banking and finance
8 views
Banking and finance
8 views

‘Absolutely and utterly disgusting’: Westpac’s advice led to couple’s ruin – The Sydney Morning Herald

webmaster - April 19, 2018

The Sydney Morning HeraldMrs McDowall's harrowing story came as the royal commission turned its gaze to poor financial advice at Westpac, ANZ Bank and AMP after grilling…

IMF warns shadow banking poses high risk to China’s financial stability – South China Morning Post
Banking and finance
15 views
Banking and finance
15 views

IMF warns shadow banking poses high risk to China’s financial stability – South China Morning Post

webmaster - April 19, 2018

IMF warns shadow banking poses high risk to China's financial stabilitySouth China Morning PostChina has been urged by the International Monetary Fund to address threats to its…

Banking royal commission could be extended: Finance Minister Mathias Cormann – The Australian Financial Review
Banking and finance
14 views
Banking and finance
14 views

Banking royal commission could be extended: Finance Minister Mathias Cormann – The Australian Financial Review

webmaster - April 19, 2018

The Australian Financial ReviewThe Turnbull government is open to extending the life of the banking royal commission after it uncovered a series of damaging revelations about misconduct…