Over 40% of mortgages in Australia are sold by mortgage brokers, not by their manufacturers - an issue that has the CEO of Australia’s fifth largest bank, Suncorp, arguing the sector is skewed towards…
Articles on Banking
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One of the major recommendations made by the 1997 Wallis Inquiry into banking was to establish a prudential regulator for the financial sector separate from the Reserve Bank of Australia. The new regulator…
Just when members of the Co-op thought the group’s increasingly farcical situation was coming to an end, it was revealed that the bank had overlooked £400m in fines for mis-selling payment protection insurance…
Australia’s big banks want the government to give their customers tax breaks on interest income, having told the Financial Systems Inquiry it would encourage more savings. In turn, the banks will have…
The ongoing global financial crisis (because we’re not out of it yet, are we?) is often characterised as a crisis of trust. Distrust of the banks was a major theme – but distrust extended also to credit…
The shocking and rapid resignation of Euan Sutherland, the chief executive of the Co-operative Group, shines a light on the clash of cultures being played out at the top of this organisation. Sutherland…
The Republic of Ireland’s calamitous recent years of financial crisis and government dysfunction look to be coming to an end, with an economic recovery gathering pace and a new administration that seems…
Tunisia has been hailed as a lone success story among the Arab Spring nations. A relatively peaceful transition with a recent agreement on a new constitution has enabled the country to avoid the bloodshed…
Mark Carney, the governor of the Bank of England, wants to change the way bankers get paid in order to discourage them from taking excessive risk or behaving badly. He has suggested that a big part of…
In times of financial uncertainty and crisis, high stress reactions lead to traders becoming more risk averse, which drives pessimism and further falls in finance, according to a new study. This is because…
Australia’s four pillars policy is widely misunderstood. At heart, it is an anti-bank policy, one which prohibits the large banks from doing what they might like to do and that is to merge. It stops them…
Authorities in New York have announced they are launching an investigation into the manipulation of the world’s biggest financial market – the US$5.3 trillion a day traded in currencies. New York regulators…
News that many of the large banks will continue to pay large bonuses has sparked off another round of public anger. Even the beleaguered RBS hopes to offer some of its top bankers bonuses worth 200% of…
“It takes me about two hours to assemble a team of financial geeks and lawyers to devise a product or a transaction that would bypass any regulation coming our way,” a senior French banker said to me in…
Ed Miliband’s heavily-trailed speech on banking reform was no political game-changer; however, it broadened and deepened his One Nation theme and set out specific policy proposals to help restore Labour’s…
A KPMG report warned last year that the next systemic shock to UK banking could come from an as yet unforeseen event, such as a massive payment outage or a cyber attack. Since the IT systems in most banks…
When the chairman of the ethical Co-operative Bank was recently caught on camera purchasing drugs, it became a major news story. But the links between drug-taking and Wall Street or the City of London…
The EU has made progress on the construction of a banking union, by agreeing on common rules for dealing with failed banks. The downside is that these rules won’t kick in until 2015: the Eurozone faces…
Figuring out why financial crises emerge in seemingly stable economies is tough. Widespread collapses are notoriously difficult to predict - to do so requires a comprehensive view of a complex, interconnected…
In the latest big scandal to hit the banking sector, regulators around the world are investigating whether foreign exchange markets have been rigged. At least seven major banks have been caught up in the…
Top contributors
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Visiting Fellow, Macquarie University Applied Finance Centre, Macquarie University
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Professor of Organisational Behaviour, Bayes Business School, City St George's, University of London
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Vice Chancellor's Fellow at Victoria University and Adjunct Professor of Economics, Victoria University
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Emeritus Professor of Finance, The University of Melbourne
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Emeritus Professor of Accounting, University of Essex, University of Essex
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Associate Professor of Accounting and Capital, Te Herenga Waka — Victoria University of Wellington
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Senior Lecturer, Faculty of Law, University of Wollongong
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Adjunct Professor, Swinburne University of Technology
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Professor of Accounting, Banking and Finance, University of Canberra
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Professor and Head, School of Business, Monash University Malaysia
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Associate Professor in Marketing, Keele University
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Professor of FinTech History and Global Trade, Northumbria University, Newcastle
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Professor of Economics and Finance, Bangor University
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Visiting Academic, The Open University