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NAB overcharged 220,000 corporate superannuation accounts a combined $34.7 million, ASIC said.

Banks forced to repay customers $41m

National Australia Bank's wealth arm has been forced to compensate customers $36.5 million, after wrongly charging fees to superannuation customers and incorrectly assessing insurance claims.

QBE Insurance rejects Allianz bid speculation

QBE said on Monday there was "no basis" to speculation it had received a corporate proposal.

QBE Insurance has denied it has received a corporate proposal from German insurance giant Allianz after media reports suggested the two insurers had been in "informal talks" about a potential takeover.

Customers could suffer as bank costs rise

Australia's banks will need to raise up to $130 billion on debt markets in 2017, analysts predict.

Australian banks are predicted to face escalating costs when they borrow up to $135 billion from big investors his year, a trend that could prompt further moves to pass on the extra expense to customers.

Bank shareholders will still win this year

AFIC managing director Ross Barker is not anticipating dividend cuts from the banks.

One of Australia's largest bank investors believes the big four can maintain their dividends this year, despite the challenges of lacklustre credit growth and stiff competition..

Bad behaviour database aims to stop rogue traders

'If you don't know what your employees are doing, then you're vulnerable'.

You're young and want to get ahead. First in and last out of your Wall Street office. You work weekends and message colleagues with inspired trading ideas at all hours. Guess what? You've just marked yourself as a potential rogue trader.

The bank bonus schemes that put customers at risk

Stephen Sedgwick is so far unconvinced there is a case for a broad ban on banks paying their staff "product based payments".

The most aggressive incentive schemes still being used by some banks to boost sales by staff are putting customers at risk of being sold inappropriate products, an industry-funded review has suggested.

'Why is mining more important than people's lives?'

Site of the Dipidio mine north of Manila

Shares in OceanaGold slumped in late trading on a statement by the Philippine government it may force the closure of its Dipidio mine, which has been the subject of recent wrangling between the company and the government.

Downer shares soar on higher full-year forecast

Downer EDI workers work on building new rail carriages.

Shares in Downer EDI soared to a seven-year high on Thursday morning after the contractor lifted its full-year profit forecast following a lack of any bad news in its December-half earnings.

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