'We feel extremely accountable': Westpac CEO rejects shaming of bad banks

Westpac chief executive Brian Hartzer has been pulled up on his company's stance on public reporting of bad bank behaviour and its practices in selling superannuation products as he fronted the parliamentary committee reviewing the big four banks.

ANZ says departures not linked to rate rigging allegations

Senior executives within ANZ's institutional bank including the former managing director all resigned at around the same time the bank was subject to an investigation by the corporate watchdog over the alleged rigging the bank bill swap rate by traders at the bank.

Kidman Station crowdfunding adviser runs foul of ASIC

A financial adviser who took on mining magnate Gina Rinehart by campaigning for a crowd-funded bid for the buyout of Kidman Station has run afoul of the corporate watchdog for alleged misrepresentations. 

Big banks split on outing bad executives

Commonwealth Bank chief executive Ian Narev has defended an internal report into the bank's troubled life insurance arm, Comminsure, despite admitting no customers were interviewed as part of the process.

Slater and Gordon class action takes a strange turn

 A class action against troubled law firm Slater and Gordon faces another hurdle with lawyers for shareholders being accused of a major conflict of interest.

Slater and Gordon shareholders, execs face wipeout in rescue plan

Slater and Gordon's top brass holding shares in the troubled law firm once worth more than $150 million are preparing to take a major bath as the company works to push through a deal to avoid receivership.

Trouble in Toorak: Trader forced to fly back from Paris to fight tax bill in person

The former owner of a Toorak house with reportedly one of the highest ever sale prices for the suburb has been forced by the court to return home from Paris to fight his tax battle. 

Slater and Gordon closes at new low as investors face wipeout

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Investors slammed shares in Slater and Gordon as the troubled law firm said it was yet to reach a deal with its lenders and revealed its trading performance was weaker than expected.  

Tabcorp settles money laundering case for $45 million

Wagering giant Tabcorp has forked out $45 million to settle a money laundering case with the government's financial intelligence agency AUSTRAC.