Imposing a "too big to fail" tax on the Big Four banks would raise almost $15 billion for the public coffers.
Over the next couple of years, uno aspires to capture a low single digit share of the mortgage broking market after signing up 19 banks to supply its new platform.
Shoppers can expect less generous reward schemes but fewer sky-high surcharges for paying by credit card under changes starting from September.
Most hedge funds missed the Big Short of book and movie fame. Quite a few of them think they can make up for that by shorting Australia's banks now. Here's something they don't understand.
CBA is the top-ranked Australian company at No.58 with a market value of $137.71 billion, according to Forbes' Global 2000 list.
ASIC will soon ask the country's biggest banks to hand over detailed data about the commissions and other benefits they give mortgage brokers for arranging home loans.
Australia's major banks receive an implicit subsidy worth between $1.9 billion and $3.7 billion from the market's assumption that taxpayers would come to the rescue in a crisis, the Reserve Bank has estimated.
NAB shareholders who hung on to shares in the spun-off UK bank have made hefty gains on their investments.
Record low interest rates have pushed investors to pay irrationally high prices for high yield stocks like the banks, said Perpetual's Vince Pezzullo.
Suncorp Group is confident that giving its customers a little something for free online will help it sell more financial products and services.
Independent experts are being deployed as fall guys for companies trying to in-source morality.
ANZ traders openly questioned the legitimacy of the BBSW as they suspected rival banks shifted the rate to increase their bonuses, new court documents have revealed.
The chief executive of Clydesdale Bank says its Australian shareholders shouldn't fret about Britain leaving the European Union.
A range of insurance claims that the Commonwealth Bank has rejected over the past five years will be reviewed by external experts.
Worried about the global economy? Goldman Sachs, Deutsche Bank and 10 other big banks have now posted the worst first-quarter results since the GFC.
Westpac, the country's biggest lender to landlords, is lowering the size of deposits it will require from property investors, partially reversing last year's crackdown.
Judge blasts 'sorry tale' of bosses misusing their clients' money.
Appointed to support thousands of Timbercorp victims, this advocate has walked away.
Westpac's new remittance service, LitePay International, has been priced aggressively to compete against the very firms it has refused to bank.
ANZ Bank has hired investment banker Michelle Jablko as its next chief financial officer, completing a round of senior appointments from chief executive Shayne Elliott.
Critics accuse super fund of ripping off thousands of members with fine-print exclusions.
The case of how one REST Industry Super member was denied a payout on her disability insurance highlights much broader problems in the system.
First State Super, one of Australia's largest non-profit superannuation funds, has paid around $1 billion for StatePlus.
Former RP Data chairman Ted Pretty wants to create a rural property version of the company and thinks he's found the beginnings of it in Kisimul.
Goldman Sachs Group's compensation plan drew the most opposition since shareholders began voting on the matter in 2009.
His clients were unsophisticated investors on modest salaries, when they lost their money, the system looked the other way.
Chinese investors in Australian property are getting squeezed on two sides.
Tongue (mostly) in cheek, ING Australia chief Vaughn Richtor says he aims to keep his staff happy, but not comfortable.
The founder of SelfWealth has ambitious targets for his crowd-based comparison tool that is outperforming the ASX by more than 13 per cent.
Long the privilege of the Hong Kong-based bankers, the days of generous housing allowances are gone.
Company's former chief executive and chief financial officer receive fines and suspended prison sentences for providing false information to auditors.
One of Australia's highest-profile, most outspoken stockbrokers seems to have had one rant too many.
The investor, who co-founded Paypal, said this lawsuit "is not the only one" he has funded.
It happened again on Wednesday, at precisely 11am. It's the sleeper issue of this election.
Super-stylish Festival of Steve has great prizes to win, including an $1800 tailored suit.
Riders providing best insights yet into behaviour - without even realising it.