Australia
Societe Generale Securities fined $2.53m for 33 market gatekeeper failures
Societe Generale Securities fined $2.53m for 33 market gatekeeper failures
Each order was placed within the last two minutes before market close, ASIC said.
17 hours ago
ASIC cancels credit licence of Easy Plan Financial Services
The CSLR had to pay $84,600 on behalf of Easy Plan.
1 day ago
NAB names Inder Singh as group CFO and group executive, strategy
He joins NAB in March of 2026, whilst Shaun Dooley returns to his group CRO role.
1 day ago
CBA names Belinda Allen as new head of Australian Economics
Allen is tasked with the bank’s Australian economic forecasts, amongst others.
NAB to require facial biometrics for new customers
Customers will be required to scan an identification document and face match.
ANZ prevented, recovered over A$100m in scam and fraud-related funds
Its customers' financial losses to scams fell by 15%, the bank said.
Bendigo and Adelaide Bank expected to maintain stable credit quality
The bank’s credit losses are expected to remain low over the next two years.
APRA releases 2025–26 corporate plan to strengthen financial system
It outlines APRA’s strategic direction over the next four years.
Australian mutual banks may offset costs through process automation
It could help banks sustain their historical loan growth of about 6%.
National Australia Bank fined $15.5m for failing to respond to hardship claim
NAB and subsidiary AFSH are required to publish an adverse publicity notice.
NAB, Westpac cut interest rates of home loans
Westpac also cut the interest rates of deposits.
Westpac names Carolyn McCann as chief executive, consumer
McCann was previous group executive for customer and corporate services.
CBA partners with OpenAI for scam and fraud detection, personalised services
CBA employees will progressively get access to OpenAI’s AI tools.
iSignthis fined $10m for breaching Australian disclosure laws
Former MD and CEO Nickolas Krantzis penalized $1m for breaching his director duties, amongst other reasons.
ANZ rolls out home loan policy changes to aid self-employed Australians
Earlier in July, Westpac halved its income assessment to one year.
Commonwealth Private unveil self-directed investment option for wholesale investors
Private Wealth Advantage is a self-directed investment option for wholesale investors.
Banking Circle S.A. acquires Australian Settlements Limited
Banking Circle offers instant payment technology to payment companies and banks.
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