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BFCSA: Corrupt Regulators to Blame for Fraudulent Interest Only Mortgage...

Brokers - Sellers NOT to blame for dodgy fraudulent Interest Only Mortgage Loans: Blame the Engineers at the Major Banks.  Blame the Corrupted Regulators Denise L Brailey  7th April, 2018 The Royal...

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BFCSA: Chief Engineer of mayhem and chaos David Murray says: banks should...

David Murray says banks should persevere with wealth management divisions Australian Financial ReviewApr 6 2018 11:00 PM Joyce Moullakis   David Murray, the architect of Commonwealth Bank of...

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BFCSA: As they run for the Exits: Ian Narev’s CBA legacy: big returns and big...

Ian Narev’s CBA legacy: big returns and big problems The Australian 12:00am April 7, 2018 Richard Gluyas   From Monday, when he slides his feet under the chief executive’s desk at Commonwealth Bank,...

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BFCSA: Surprise, surprise: ANZ agrees to lift wealth management game...

ANZ agrees to lift wealth management game Australian Financial Review Apr 6 2018 12:41 PM James Frost   ANZ Banking Group will pay $3 million and submit to regular independent reviews of its systems...

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BFCSA: Memo Greens: we already have People’s Banks in the real world

Memo Greens: we already have People’s Banks in the real world Sydney Morning Herald 6 April 2018 3:41pm Michael Pascoe   The Greens’ whacky “People’s Bank” thought bubble has been broadly – though not...

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BFCSA: Royal Commission creates an image problem for Banks yet Profits...

Royal Commission will shred reputations but not profits   https://www.euromoney.com/article/b17mxb2bbz81gz/royal-commission-will-shred-reputations-but-not-profits   Published on: Friday, April 06,...

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BFCSA: ANZ to pay $3m after ASIC investigation and signs a "good boy"...

ANZ to pay $3m after ASIC investigation Clancy Yeates ANZ Bank will pay $3 million and has pledged to overhaul processes in its financial advice business after failing to give more than 10,000...

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BFCSA: Big four banks hit back at 'misconduct' claims. Consumer Lending...

Big four banks hit back at 'misconduct' claims By Clancy Yeates & Sarah Danckert    6 April, 2018   The big four banks have strongly rebuffed claims of "misconduct" over a series of incidents in...

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BFCSA: Turnbull, who won by one seat has developed a siege mentality - ‘Don’t...

‘Don’t play with the big boys’ The AustralianApril 9th, 2018 Andrew Clennell  Libs tired of Malcolm, yet who else is there? Anyone but Tony!  Ripping themselves apart.   In the PM’s office, you’re...

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BFCSA: Loan ‘overrides’ worry APRA - the way loans approved for borrowers who...

Loan ‘overrides’ worry APRA The Australian 12:00am April 9, 2018 Michael Roddan   The banking regulator has told the financial services royal commission it is concerned about the way loans are approved...

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BFCSA: Banks under fire for taking 217 days to pay compensation claims

Banks under fire for taking 217 days to pay compensation claims Sydney Morning Herald 9 April 2018 12:05am Clancy Yeates   The corporate watchdog has criticised banks for taking an average of seven...

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BFCSA: 'A mongrel bunch of bastards': The small businesses being crushed by...

'A mongrel bunch of bastards': The small businesses being crushed by the tax office Adele Ferguson, Nassim Khadem & Lesley Robinson Sydney Morning Herald 8 April 2018   “In dealing with the ATO,...

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BFCSA: AUSTRAC steals Commonwealth Bank CEO Matt Comyn's thunder. Narev...

AUSTRAC steals Commonwealth Bank CEO Matt Comyn's thunder Australian Financial Review Apr 9 2018 11:45 PM James Frost   The financial intelligence regulator AUSTRAC has stolen the spotlight from...

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BFCSA: Giant USA Pension fund giants back Commonwealth Bank class action

Pension fund giants back Commonwealth Bank class action The Australian 1:21am April 10, 2018 Eric Johnston   Some of the world’s biggest pension funds are planning to launch a class action against the...

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BFCSA: Commissioner Hayne Royal Commission spells end of Bank gravy train

Hayne royal commission spells end of bank gravy train Australian Financial ReviewApr 9 2018 11:00 PM In share price terms, the past 12 months for investors in the big four banks has been tough. The...

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BFCSA: Royal Commission - no easy fix for Australian Systemic Banking Corruption

And what have regulators got to say for now they have been exposed as moles?   Royal Commission: no easy fix for systemic corruption Posted by Michael West 21 April 2018...

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BFCSA: ANZ financial advice puts client 14 years behind, banking royal...

ANZ financial advice puts client 14 years behind, banking royal commission hears Australian Financial Review Apr 20 2018 5:58 PM Fiona Buffini   ANZ financial planner Christopher Harris advised one of...

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BFCSA: Banking royal commission: ‘we were wrong,’ say the Big Four chiefs

Banking royal commission: ‘we were wrong,’ say the Big Four chiefs The Australian 12:00am April 21, 2018 Anthony Klan, Ben Butler   Wrongdoing uncovered by the fin­ancial services royal commission has...

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BFCSA: Royal commission: John Howard in no rush to judge banks

Royal commission: John Howard in no rush to judge banks The Australian 12:00am April 21, 2018 Adam Creighton   Former prime minister John Howard has declared it too early to tell whether the Hayne...

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BFCSA: Ban percentage fees to fix the advice industry

Ban percentage fees to fix the advice industry The Australian 12:00am April 21, 2018 Alan Kohler   It’s perfectly understandable that AMP’s and CBA’s financial planning arms kept charging fees when no...

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