The Commonwealth Bank’s half year results suggest Australian banks are doing well despite the turbulence affecting banks internationally, however they may not be totally immune.
A much-delayed report into the collapse of HBOS paints a picture of risk-taking by the bank’s board.
George Osborne and Jim O'Neil, Commercial Secretary to the Treasury and a former Goldman Sachs investment chief, enjoy a contract signing in Beijing earlier this year.
REUTERS/Andy Wong/Pool
One of Jeremy Corbyn’s picks for his economic advisory team is doubtful about the viability of a Robin Hood tax, but sees little obstacle to public ownership in the banking sector.
Backed into a corner as the banks reached the brink, the Greek prime minister may have fashioned some sort of success, and the prospect of something approaching debt relief a little down the line.
Money is much more than just bank notes and coins issued by central banks.
EPA/Aaron Ufumeli
The misguided belief that banks create money out of nothing has generated public anger with organisations and individuals calling for an overhaul of the system and an end to money creation by banks.