Banking

In an internal note, ANZ's relatively new CEO has personally apologised for the email mishap that has generated intense scrutiny inside and outside of his bank.

Employees were prematurely made aware of their impending redundancies via a generic corporate missive.

The market leading bank has fired off a letter to the RBA despite failing to convince the peak industry lobby and its rivals to join it as co-signatories.

In a confidential letter obtained by this publication, the leading bank attempts to rally opposition to the key proposals which it says could "jeopardise" the payments system.

Commonwealth Bank’s AI push is putting pressure on rivals still battling tech debt, as banks weigh how fast they can turn hype into real operational gains.

From an outsider's view, Australia has all the ingredients for growth. Backing innovation is key to lifting productivity and competitiveness.

CBA's share price has bewildered many in the market over the past two years, and Wednesday's performance was a case in point. But the bank's CEO is not getting caught up in it.

Eight years after promising no mistakes, Matt Comyn has CBA leading the ASX as rivals face upheaval, risky transformations and cultural resets.

Despite rising anti-ESG sentiment in the US, Australia’s major banks remain committed to financing the energy transition toward net zero emissions.

The consumer data right could be a way to ease cost-of-living pressures and boost productivity. But without key reforms, Australia risks falling behind.

Metrics Credit Partners is planning a new wave of funds to expand its private credit offerings, even as regulatory scrutiny and risk concerns continue to grow.

Speaking on stage at the Australian Banking Association conference, Irvine addressed scrutiny over his leadership style and personal conduct.

Macquarie fronts investors this week amid leadership speculation, regulatory pressure and shifting markets. But don't expect a changing of the guard just yet.

Momentum in the open banking regime has been flagging but a reset last year has boosted activity, including a Mastercard-Equifax tie up called Open Score.

National Australia Bank's tidy growth narrative is being tested, with leadership churn and chatter around chief executive Andrew Irvine causing investor angst.