Hedge funds take control of Slater & Gordon

Class action law firm Slater & Gordon is set to be owned by a consortium of international hedge funds after agreeing to a bailout that will see it emerge with a new board and strategy.

This CBA inquiry is 'preferable'? For who exactly?

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APRA’s decision to join other regulators in the Commonwealth Bank “culture attack” is well overdue and may be too late.

Case lays bare need for changing retirement rules

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Consumer law advocates are pushing for real change.

CBA's breathtaking tactics bring on class action

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It is being pitched as the biggest shareholder class action in the country. Commonwealth Bank on one side, and Maurice Blackburn bankrolled by IMF on the other side. Why did CBA's board wait to inform shareholders about the Austrac investigation until the genie was out of the bottle?

The knowns and unknowns in CBA's money laundering scandal

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It's clear Austrac and CBA see a key element of this case differently.

Aveo may be taking a big punt too early

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With regulators and various state and federal governments breathing down the collective neck of the retirement village industry, it was little surprise that Aveo was in damage control when it released another record profit.

'Miss, miss, miss': the party is over at Domino's

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When a company announces a $300 million share buyback, misses key financial targets and reveals its chief executive is selling shares, it's a sign that's the party is over.

Why CBA's Ian Narev had to 'retire'

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The big bet doing the rounds is whether Ian Narev will last in the top job at Commonwealth Bank until June 30. The odds are that he – and a number of others – will be gone well before then.

Regulators put the boot into banks: trust deficit growing

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There is hardly a senior figure in Australia that hasn't put the boot into the Commonwealth Bank - and the banking sector – in the past week.