Banking royal commission
AMP, CommInsure revealed as insurance laggards with new tool
Regulators have launched a new tool aimed at helping customers choose better insurance products.
- by Natassia Chrysanthos
Latest
National Australia Bank
NAB's MLC makes big bet on financial advice
National Australia Bank's MLC is bettting it can find a viable business model for delivering financial advice.
- by Clancy Yeates
Banking royal commission
'Awful result': Insurers warn people will be left without cover
Insurers are warning of "awful" results as customers realise they have lost their cover provided through super when the government's July 1 deadline kicks in.
- by Natassia Chrysanthos
Philip Chronican
NAB's Chronican 'distinctly unhappy' to learn of alleged fraud
NAB's acting CEO Phil Chronican says he was "distinctly unhappy" to learn of an alleged fraud in the office of former chief executives.
- by Clancy Yeates
National Australia Bank
NAB chief blames banks for 'culture crisis' and its costs
Australian banking is embroiled in a "culture and conduct crisis," and tougher regulation is "entirely appropriate," says NAB's acting chief.
- by Clancy Yeates and Natassia Chrysanthos
Executive pay
Bank boss bonuses to be savaged by watchdog
Banking executives may have to wait longer for payouts and will have their eligibility for bonuses determined more by "non-financial considerations".
- by Jessica Irvine and Natassia Chrysanthos
ANZ Bank
'Ready to lend': ANZ loosens credit criteria to 'sensible equilibrium'
CEO Shayne Elliott says the bank is easing some of its lending standards after excessive conservatism had 'fundamentally' changed its approach to giving loans.
- by Clancy Yeates
'We have to respond': Baird says NAB will revamp pay to improve culture
Mike Baird says NAB is considering how it may revamp pay structures to improve its culture, after previous remuneration led to "poor outcomes".
- by Natassia Chrysanthos and Clancy Yeates
Graeme Samuel
'Needs a nuclear bomb': Graeme Samuel calls out female director club
The former competition watchdog chairman took particular aim at the "impenetrable wall" around the club of women who sit on company boards.
- by Natassia Chrysanthos
Banking royal commission
'We are looking to litigate': ASIC puts 30 'dud' super funds on notice
ASIC is considering legal action against more than 30 underperforming superannuation funds and predicted "close to 100" super funds could cease to exist.
- by Jessica Irvine
Westpac Banking Corporation
Back to the 80s: AMP's Murray warns banks stifled by 'black-letter law'
AMP chairman David Murray also slammed the bank tax, saying it was "free kick" for a fiscally-constrained government.
- by Clancy Yeates