Articles on Banking

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Black people often have a hard time accessing loans for their businesses. Many Black Canadians are engaging in mutual aid groups or peer-to-peer banking institutions. (Shutterstock)

Banking while Black: The business of exclusion

Black Canadians encounter systemic bias when banking and can have a hard time obtaining loans for their businesses. Mutual aid co-operatives can offer some true alternatives.
Justin Lane/AAP

What happened to the price of Bitcoin? The truth behind big bubbles and crashes

Business Briefing: What happened to the price of Bitcoin? The truth behind big bubbles and crashes. The Conversation24.8 MB (download)
On this episode of Business Briefing we unpack great heights and crashing lows of a bubble and a crash.
A small – but powerful – Latino middle class has emerged in California, led by elites like State Senator Kevin de Leon. AP Photo/Jae C. Hong

Latino elites are paying the California dream forward

Scholars say elites are critical to helping ethnic communities thrive. So, who are the Latino elites and what work are they doing for their community?
APRA’s independent inquiry panel member, John Laker, who is also chairman of the Banking Finance Oath initiative, will be one of the ones holding the CBA to account. DAN HIMBRECHTS/AAP

Where the accountability problems started at CBA

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.
In the case of CommInsure, the treatment of the Chief Medical Officer, Benjamin Koh, seemed designed to send a message to other bank staff – keep your head down, or else! Dave Hunt/AAP

APRA needs to protect whistleblowers in the CBA inquiry

Without clear support for whistleblowers in the terms of reference for the inquiry into CBA’s corporate governance, the conclusions will inevitably be tainted.
There has been a long litany of scandals where CBA has been part of the cast, like the heroine of the old movies. Dean Lewins/AAP

APRA inquiry into CBA is the new comedy in town

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.

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