Tag Archives | bank regulation

GMackrell-pic

An insider’s view from the top of CBA

The Commonwealth Bank’s reputation has taken a battering at the Royal Commission, and a veteran of 13 years on the top table of the Bank’s Executive Committee explains what went wrong and where we should head.

Bank reporting season scorecard

Bank reporting season scorecard for FY18

This exclusive annual scorecard checks bank results in a difficult year, and looks ahead at the hurdles and opportunities for the sector that many Australians rely on for their income.

Bank reporting season scorecard

Bank reporting season scorecard: May 2018

Our regular check on the ‘star’ performances from the Australian banks’ May 2018 reporting season in the face of low credit growth, increased regulatory scrutiny and the sales of insurance and wealth management divisions.

fiduciary duty

Bankers must realise they are fiduciaries

The fiduciary duty of banks, while not legislated, is implied by their central role in the economy. Bank deposits are accepted as ‘money’, and public confidence in banks is fundamental to a functioning economy.

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