AUSTRALIA'S three biggest banks said they will test a new bank-guarantee platform for shopkeepers that uses a shared database, claiming the project would mark the world's first use of blockchain...

[SYDNEY] Australia's big banks - once among the most profitable in the world - are being forced to amass war chests worth billions of dollars to reimburse customers for years of dodgy fees.

A POWERFUL inquiry into misconduct by Australia's finance sector has failed to address concerns that competition is skewed in favour of big lenders, mid-sized Bendigo and Adelaide Bank Ltd...

[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...

[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...

[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 risks...

[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 the...

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