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'Air of trepidation' as stocks keep climbing upwards

'Air of trepidation' as stocks keep climbing upwards

The ASX has enjoyed a second week of gains but some question how much longer the run will go.

  • by William McInnes

Latest

Big banks launch assault on 'predatory' buy now, pay later rivals
Afterpay Holdings

Big banks launch assault on 'predatory' buy now, pay later rivals

The big banks have criticised market rivals, accusing short-term lenders such as Afterpay of shirking regulations.

  • by Eryk Bagshaw
Back to back sessions in the black for the ASX
BHP Billiton

Back to back sessions in the black for the ASX

Positive Asian markets have lifted the local bourse for a second straight day.

  • by William McInnes
'Monumental shift': Bank bosses and shareholders face a poorer future
Analysis
Banking royal commission

'Monumental shift': Bank bosses and shareholders face a poorer future

Bank shareholders and executives will have no choice but to realise that customers and licences to operate take priority over short-term rewards.

  • by Stephen Bartholomeusz
US court drops bribery charges against former CBA executive
Commonwealth Bank

US court drops bribery charges against former CBA executive

A US court has dismissed all charges against a former Commonwealth Bank IT executive Jon Waldron over an alleged bribery scam.

  • by Jennifer Duke
'Base pay in drag': Pressure on banks to rein in bonuses
National Australia Bank

'Base pay in drag': Pressure on banks to rein in bonuses

Banks will be under fierce pressure to cut executive bonuses next year, after a shareholder revolt over the payment of short-term incentives.

  • by Clancy Yeates
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ASX slips as Kiwis slug banks for capital
Westpac Banking Corporation

ASX slips as Kiwis slug banks for capital

Australian shares ended the week lower on Friday, weighed by the major banks as the market struggled to rebound from a big sell-off on Monday.

  • by William McInnes
CBA to launch Apple Pay in the new year, giving up its opposition
Commonwealth Bank

CBA to launch Apple Pay in the new year, giving up its opposition

CBA will let its customers use their iPhones to make tap-and-go purchases, joining ANZ as the second big four bank to launch Apple Pay.

  • by Clancy Yeates
CBA profits face a fresh $220m hit
Westpac Banking Corporation

CBA profits face a fresh $220m hit

The Commonwealth Bank's bottom line will take a $220 million hit this half from more compliance and compensation costs.

  • by Clancy Yeates
Curtain has come down far too soon on banking inquiry
Opinion
Opinion

Curtain has come down far too soon on banking inquiry

The Royal Commission into banking has completed its hearings. Did it go far enough?

  • by Adele Ferguson
'It's been a good journey. Now deliver on the destination.'
APRA

'It's been a good journey. Now deliver on the destination.'

The royal commission hearings have ended after 69 days of damaging revelations, which showed how the big banks got away with bad behaviour for so long.

  • by Sarah Danckert, Miriam Steffens & Clancy Yeates