[SYDNEY] Commonwealth Bank of Australia's Matt Comyn is the first of the big-four bank CEOs to testify on Monday as an inquiry into misconduct in the nation's financial industry enters its...

[SYDNEY] The CEOs of Australia's top banks and wealth manager will testify at a public inquiry into financial-sector misconduct in two weeks of hearings starting on Monday, in the final stages...

[SYDNEY] Australia's prudential watchdog rejected on Wednesday criticism it was too soft in regulating the country's beleaguered banking industry, saying it is mandated to focus on material...

[SYDNEY] Australia's corporate regulator said on Friday it needed to be better resourced if it is to meet government expectations that it do more to tackle widespread misconduct highlighted by...

[BENGALURU] Australia's financial index hits near 2-year low as banks continue to face inquiry headwinds...

[SYDNEY] Australia's scandal-plagued banks were accused of putting profits before people and of failing to meet "basic standards of honesty" on Friday, as an official inquiry offered a...

[SYDNEY] Australia's corporate regulator said on Tuesday that a review had found the way in which the country's four largest banks and largest listed wealth manager reported and remediated...

[SYDNEY] Reserve Bank of Australia (RBA) governor Philip Lowe said on Friday he was "incredibly disappointed" and "appalled" at the behaviour of the country's banks after a...

[SYDNEY] Australia's government called for more banks to challenge the industry's oligopoly on Friday, after the country's top economic adviser said the "Big Four" lenders...

COMMONWEALTH Bank of Australia (CBA) said it would hive off its wealth management and mortgage broking businesses, and explore whether to divest its general insurance arm, as it narrows its focus...