Australian bank’s chief says senior executives including himself will face consequences where appropriate
Australian bank says employees are expected in workplace at least 50% of the time
ACCC says mergers between smaller lenders preferred to strengthen competition against ‘big four’
After pulling back internationally, Australian bank turns to regional deal to preserve declining mortgage market share
The timing of the deal is risky just as Australia’s central bank begins to raise rates
Deal will allow one of the country’s biggest lenders to expand its mortgage book
Executives had faced 10-year jail sentences for accusations of collusion over share placement
AmBank agreement removes risk for any potential acquirer of Australian lender’s 24% holding
Shayne Elliott says stronger capital levels and earnings potential than global rivals justify payouts
Australian bank aims to bolster a culture of collaboration and tackle misconduct
Regulator says requirements in force until systems improve after spate of financial scandals
Cashed-up rivals seek to capitalise as lenders look to rebuild reputation after inquiry
Concerns about David Hisco’s spending follow industry-wide misconduct inquiry
Banks face a housing downturn and compensation costs following public inquiry
Banks face tough housing market and ballooning costs following inquiry into misconduct
Recommendations prompt debate over missed opportunity for reform
More competition and sense of ‘threat’ seen as best way to compel better conduct
Mahnaz Safa leaves bank to spend time with family
Lenders down under are facing their own day of reckoning
Global network aims to lower risks associated with servicing smaller companies
Royal commission into misconduct advises against introducing new financial laws