Banking royal commission
'What do we have to lose': soft touch ASIC laid bare at commission
ASIC's attempts to paint itself as a tough cop on the beat has been dismantled by an internal email showing senior staff pushing against prosecutions.
- by Sarah Danckert & Clancy Yeates
Latest
Macquarie Group
Macquarie boss warns against broker pay changes
The warning from Nicholas Moore comes after the nation's biggest home lender Commonwealth Bank indicated it supported scrapping broker commissions.
- by Sarah Danckert
Westpac Banking Corporation
Westpac's Hartzer denies cultural problem in ASIC dealings
Westpac chief executive Brian Hartzer denies the bank has a cultural problem in the way it deals with the corporate regulator.
- by Clancy Yeates
Westpac Banking Corporation
ASIC memo on NAB the 'antithesis' of hard, tough action, Orr finds
ASIC chair James Shipton slammed for the corporate watchdog's use of enforceable undertakings, rather than pursuing tough investigations.
- by Miriam Steffens
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Commonwealth Bank
CBA's gold medal for refusing to accept responsibility goes to ...
In one of the most embarrassing personal revelations to date we learnt the CBA board asked Turner to give back 40 per cent of his final year director's fee. His response? Get lost.
- by Elizabeth Knight
Commonwealth Bank
Ex-CBA directors fight back against royal commission evidence
Former Commonwealth Bank directors have defended their performance at the bank after current bank chairman Catherine Livingstone criticised the board that was in place before she was named chair.
- by Sarah Danckert & Clancy Yeates
Opinion
Opinion
'No free lunch': Get set to pay upfront for your mortgage broker
Borrowers will likely face flat mortgage broking fees as a result of the financial services royal commission, but they will save in the long run.
- by Jessica Irvine
Westpac Banking Corporation
Westpac advice still lags ASIC's standards
Only six out of ten Westpac financial advice files passed a recent compliance audit, the royal commission heard.
- by Clancy Yeates
Commonwealth Bank
CBA accused of board minutes criminal breach
Counsel assisting the royal commission has asked CBA chair Catherine Livingstone if she is aware failing to keep full minutes of a meeting is a criminal offence.
- by Sarah Danckert & Clancy Yeates
Commonwealth Bank
Why Westpac raised credit card limits, few questions asked
Hearings continue at the royal banking commission, with Westpac boss Brian Hartzer following CBA chair Catherine Livingstone in the witness box.
- by Miriam Steffens
Opinion
Commonwealth Bank
CBA boss Comyn, the cunning crusader
We would have to score Matt Comyn seven out of 10 in this round of the royal commission hearings. He sustained barely a flesh wound.
- by Elizabeth Knight