Australia
Deutsche Bank pays A$2m for misreporting 260,000 OTC transactions
Deutsche Bank pays A$2m for misreporting 260,000 OTC transactions
ASIC believes that the bank failed to take all reasonable steps to accurately report the data.
1 day ago
NAB's WealthHub fined for decade-long reporting lapses
WealthHub reportedly failed to accurately report data more than 9.5 million times.
1 day ago
NAB says Islamic home loans open to all faiths
It is available to people of all religions, according to an article by AAP FactCheck.
1 day ago
ANZ customers spend $4.8b during FIFA World Cup on food and apparel
Spending rose for takeaway food, sporting apparel, bars, and hotels.
5 days ago
Which Aussie banks are home loan customers most satisfied with?
Customers cited competitive rates and having multiple offset accounts as reasons for their satisfaction with the lenders.
National Australia Bank insurance app cuts bushfire risk to 1.5%
Customers can use the free rating tool to identify property upgrades before the fire season.
ANZ names ex-NAB and Westpac exec to its board
Rachel Slade was most recently group executive, business and private banking at NAB.
Westpac poaches Macquarie CIO to lead digital transformation
Richard Heeley will join Westpac later in 2026.
NAB launches 24/7 security hub to tackle cyber and fraud threats
It will enable the bank to share information and identify threats in real-time, NAB said.
Australia flags excessive car finance fees in eight-lender review
One customer paid $6,222 in fees on top of typical lender and distributor fees.
HSBC Australia fined $24.53m over scam protection failures
HSBC admitted to inadequate scam controls in its internal transfer system between May 2023-2024.
NAB deploys AI analytics tool saving 2-4 days per use case
Genie translates plain English questions into structured SQL queries.
ANZ opens 27 branches on Saturdays for home loans and specialist banking
There will be no over the counter services on Saturdays.
CommBank names new group CIO and group CTO
Victoria Ledda and Rodrigo Castillo will take over their new roles on 1 July.
CommBank commits $98.56m to branch network
The bank aims to reduce wait times and expand access to specialist support.
Aussie mortgage holders spending less as higher rates bite: CommBank
They bucked the trend of Australian households spending more in May.
Australia streamlines financial accountability rules
The changes will halve compliance updates for 4,500 people.
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