Aktis, banking

27 September, 2018

New world order for global banking

    Ten years on from the collapse of Lehman Brothers, and the financial system is safer, more robust and governance has improved.
banks, banking

14 September, 2018

Action needed now on banking fraud and the erosion of trust

Why is it that western banks are increasingly reliant on business models that reward staff as salespeople, treat clients as fools, and present financial products like goods on a supermarket shelf? The...
TSB

10 September, 2018

When an IT failure should mean ‘goodbye’ for a CEO

In August 2017, container shipping company Maersk was hit by a cyber-attack linked to NotPetya ransomware. The attack, which crippled the company and reportedly caused ships to be kept at sea, cost $3...
Melbourne, Australia

9 July, 2018

Solving deep problems with corporate governance requires more than rearranging deck chairs

As the Financial Services Royal Commission rolls on, it’s increasingly likely commiss...
PwC, pricewaterhousecoopers

3 July, 2018

PwC to pay $625.3m damages over collapsed US bank

PwC has been ordered by a US court to pay damages of $625.3m (£474.6m) over the audit of a collapsed bank. According to the
Paris, France

18 June, 2018

France orders banks to keep extra capital buffer

France's Financial Stability Council has ordered banks to keep aside an additional capital buffer to cover the potential risk related to growing private sector borrowing. On a recommendation from F...
Commonwealth Bank

5 June, 2018

Commonwealth Bank faces record fine over money laundering failings

Commonwealth Bank, Australia's largest bank, is to pay a fine of AU$700m (£400.3m; €456.8m) to resolve a money laundering case. It is thought to be the biggest civil penalty ever imposed in Aust...
Credit Suisse

16 April, 2018

Credit Suisse faces further ructions over boardroom pay

Credit Suisse Group has become the latest company to face opposition over pay for executives, according to reports. The banking group has changed is executive pay scheme, but
RBS

17 October, 2017

MPs slam RBS chief for ‘extraordinary outburst’ against business owners

Ministers have slammed RBS chief executive Ross McEwan for what they describe as an “extraordinary outburst” against business owners, in light of pressure for details of the bank’s former distre...
European Banking Authority

28 September, 2017

European banking authorities urge greater diversity among managers

European financial institutions should improve the diversity of their management bodies to ensure sound governance, said the European Banking Authority and the European Securities and Markets Authorit...