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Will Tom Waterhouse's William Hill survive?

The Tom Waterhouse-led William Hill lost $144 million in 2015.

William Hill's local operation – run by the very popular Tom Waterhouse – lost £72.1 million last year. That equated to a loss of $144 million in local currency, according to the accounts of its subsidiary William Hill Holdings Pty Ltd.

Catherine has her work cut out at CBA

Illustration: John Shakespeare

What to do about the problems in life insurance will be just one of items on the lengthy "to-do" list awaiting Catherine Livingstone takes over the chairman's role at the Commonwealth Bank at the end of the year.

Rockets and feathers for ANZ's Shayne Elliott

Illustration John Shakespeare

ANZ Bank's chief teller, Shayne Elliott, seemed to channel the former Prime Minister Kevin Rudd, with the amount of times he said "sorry" ,when it was his turn at the banking inquiry in Canberra.

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