Australia's corporate insolvency laws are among the most favourable to banks in the world, but this mantle could be threatened by looming changes to wrestle power away from lenders.
One word has been notably absent from discussion about China's credit downgrade: Fintech.
The head of the Treasury has dismissed the impact of $6.2 billion budget levy on banks.
Kingston branch to close in just over a month, but ATM will remain.
Consumers can expect to see more bank branches without cash, as the boom in digital finance pushes banks to use their retail stores to sell more complex financial products.
Australians are paying $31 billion in superannuation fees every year, with half that money going to funds that manage just 30 per cent of all accounts.
NAB financial planners have been caught back-dating signatures on legally-binding superannuation documents in a breach of the bank's code of conduct.
Veteran banker says budget's pay regime for senior bankers won't lift accountability.
NAB online banking customers are latest target of an email scam that tells victims their account has been disabled before prompting them to enter their password into a fake website.
AMP says it will expand its financial advice business as part of a new turnaround strategy, despite pressure on the banks to address conflicts of interest inside their wealth divisions.
The corporate regulator is pushing investment banks and stockbrokers to strengthen their handling of conflicts of interest and inside information when producing equity research for investors.
ANZ Bank chairman David Gonski is urging the government to enshrine in law its commitment not to raise the rate of the bank tax, in a concession lenders cannot stop the levy from going ahead.
Bank moves to raise their interest rates independently of the Reserve Bank has been central in eroding public trust in the industry, corporate regulator Greg Medcraft says.
Government stare down claims of $2 billion 'black hole' in revenue its bank tax will raise.
The banks have some of the best-performing super funds of all, at least for their employees.
Westpac is selling its remaining stake in fund manager BT Investment Management, offloading up to $645 million worth of stock to institutional investors and signalling it intends to ultimately sell all shares it holds in the business.
When it comes to mounting a scare campaign, the big four banks' CEOs and chairmen are more Casper the Friendly Ghost than Freddy Kruger, more Pooh Bear than Chucky.
Regional banks have vented over a cut in their credit ratings that will push up wholesale funding costs for smaller banks.
If the Turnbull government's primary aim in slugging the banks with a levy is to raise $6.2 billion over four years, then it may have miscalculated.
The big four banks expect to pay $965 million combined in extra tax as a result of the government's new bank levy.
Australia's major banks could receive an even bigger advantage in competing with smaller rivals, after Standard & Poor's cut the credit ratings of second-tier banks but excluded the dominant lenders.
A Sydney man convicted of insider trading has admitted he "fished" for information from an investment banker friend who went jogging with him in The Domain.
S&P Global Ratings downgraded the credit scores of more than 20 smaller financial institutions.
Liquidators to collapsed stock broker BBY are pursuing an insolvent trading claim against former company directors including tennis great Ken Rosewall and his son Glenn Rosewall.
Some $50 billion has been wiped off the combined market value of Australia's major banks since their highs at the start of this month, as investors eye a more challenging outlook for the big four.
The bank has removed incentives on such loans and demanded customers hold larger deposits.
Macquarie Bank will donate $2 million to charity and open up its foreign exchange arm to scrutiny after the corporate watchdog uncovered a series of breaches by its traders.
One of the country's biggest mortgage brokers is asking regulators to monitor any moves by banks to cut their commissions, amid speculation these payments could be chopped as banks try to offset the budget's tax hit.
Clean up some of our more obvious rorts and trim the capital gains tax discount, and we'd be well on the way.
Banks will be forced to hand over sensitive internal documents on their interest rate decisions, including board papers, as the competition watchdog puts home loan pricing under the microscope.
The euro area still needs expansive monetary stimulus to restore stable inflation, the European Central Bank chief said.
What happens if a co-insured burns down a jointly owned and jointly insured house in a fit of rage?
Decisive no-vote at weather bureau show government's industrial woes have not gone away
A national recall of faulty electrical cabling has only captured 54 per cent of the total 4313 km that was installed.
Tell me again about the terrible burden of our progressive tax system, of how the wealthy pay too much tax.
If you've got the money, these concierge services have the connections.
Ther things you think you can do when you've had a few, but most definitely can't.
The ombudsman will push for legislation if big businesses fail to sign up.
Battle between wine-in-a-can inventors Barokes Wine and Daiwa Can Company spans three years and three countries.