ASIC has permanently banned Kim Hanson over the alleged misuse of $3 million of trust funds and confirmed it is continuing to investigate Australian Reliance Group.
NAB has recorded a 94 per cent jump in first-half cash earnings to $3.3 billion, becoming the latest of the major banks to post a rebound in fortunes amid improving economic conditions.
ANZ has posted a sharp rebound in first-half profit and boosted its dividend, helped by a recovery among business customers and robust activity in the housing market.
Westpac has posted a rebound in half-year earnings as an improving economy helped it dodge potential pitfalls and boosted activity in the key home loans market.
Afterpay has confirmed it is closer to listing on a US stock market after North America overtook Australia and New Zealand as the biggest region for sales.
The heads of Australia's two largest banks are more than happy to talk about how they are assisting customers who may still be suffering hardship after last year's recession.
AMP denies media reports that chief executive Francesco De Ferrari has resigned, but says he and the board are discussing the wealth manager's future leadership.
Financial regulator APRA has closed its investigation into Westpac's breaches of anti-money laundering and terror financing laws, but says it will make sure the bank improves its operations.
Major banks have thrown their support behind the Morrison government's post-JobKeeper scheme but some business groups are far from happy, with one labelling it "second-class support".
Australia’s largest short-term lender has launched a nation-wide campaign to have changes proposed under a major overhaul of the National Consumer Credit Protection Act scrapped.
Insurer QBE has elected not to declare a final dividend, recording a statutory net loss after tax of $US1.5 billion ($A1.93 billion) following last year's $US550 million profit.
Westpac claimed first-quarter cash earnings were up 54 per cent and boss Peter King says there had been a significant increase in home loan applications.
Australia's securities regulator says it will seek penalties and other orders against Commonwealth Bank after the Federal Court found the country's top lender had overcharged interest to customers.
National Australia Bank enjoyed a 47 per cent increase in cash earnings during its first quarter trading, helped by improving economic and health outcomes in Australia and New Zealand.
Stock broking advisory Argonaut has launched a two-pronged campaign to assist victims of the Wooroloo bushfire, establishing the Brokerage for Bushfire Relief initiative.
Finance professor Ray Da Silva Rosa writes the most surprising aspect of GameStop is how many commentators reported it as a development that threatens the foundations of capitalism.
