Australia

It proves they remain able to retain pricing power despite intense scrutiny.

There were miscalculations in the bank’s automated loan approval system.

The move aims to tap into the Chinese visitor market.

It has become the first big Australian lender to raise its rates.

He previously served as chief technology officer of Citigroup's global consumer bank unit.

Much has been said about slower credit growth but banks could also look forward to improving asset quality.

Mortgages account for roughly 60% of their loan portfolio.

Consumers are being shortchanged by the oligopoly.

ANZ and CBA have lowered their mortgage rates to boost lending.

Consumers remain wary of banks in light of the damaging inquiry. Open banking is facing considerable headway in Australia as three in five banking consumers (66%) admitted that they remain unwilling to share their financial data with non-bank organisations or third party players, according to a survey by Accenture.

The housing downturn is expected to weigh in on profitability.

Customer satisfaction was high for mid-sized lenders like Bendigo and ING.

CBA and ANZ have agreed to pay a total $1.85m in community payments.

A corporate regulator is proposing a three-year repayment period.

Startup 86 400 will launch in early 2019.

The bank is concentrating on institutional and corporate banking.