The visible hand
Displaying 1 - 10 of 52 articles
The major banks have tried to downplay their role in manipulating the BBSW interest rate benchmark. But this is not the first instance of bad behaviour.
Parliamentary hearings reveal a lot of confusion between government, regulators and industry around banking regulation. This needs to be fixed.
New banking legislation hopes to hold executives accountable, but there weren’t good signs at the latest parliamentary committee meeting.
The new banking regulations undermine the existing system, confusing regulators and achieving very little.
ATM fees were already under pressure from new technologies. The question is, what will banks do to replace that revenue?
One scandal at the CBA stands out above all others, It set the scene for how the CBA board would handle future scandals, that is to obfuscate, prevaricate and litigate.
Without clear support for whistleblowers in the terms of reference for the inquiry into CBA’s corporate governance, the conclusions will inevitably be tainted.
If APRA cannot evaluate a bank’s governance, who can?
APRA announced it will open its new season with an inquiry into the Commonwealth Bank of Australia. But the opening of this new show raises some questions for the producers.
ASIC is telling CommInsure to do what it should have been doing all along. Let’s forget the past and mistreatment of customers, it’s paradise for firms that prey on the sick and dying.