Australia
HSBC offloads $25b home‑loan portfolio amidst Australia retail banking exit
HSBC offloads $25b home‑loan portfolio amidst Australia retail banking exit
It is seen as the world's largest home-loan portfolio transaction.
2 days ago
Which banks paid the highest penalties in Australia in H1
Penalties were doled out for misreporting and for failed responses to hardship requests.
Revolut launches its first APAC bank in Australia
Revolut has an existing customer base of over 1 million in the country.
NAB brings live sign language interpreting to all branches
This is expected to make face-to-face banking more accessible for deaf customers.
Deutsche Bank pays A$2m for misreporting 260,000 OTC transactions
ASIC believes that the bank failed to take all reasonable steps to accurately report the data.
NAB's WealthHub fined for decade-long reporting lapses
WealthHub reportedly failed to accurately report data more than 9.5 million times.
NAB says Islamic home loans open to all faiths
It is available to people of all religions, according to an article by AAP FactCheck.
ANZ customers spend $4.8b during FIFA World Cup on food and apparel
Spending rose for takeaway food, sporting apparel, bars, and hotels.
Which Aussie banks are home loan customers most satisfied with?
Customers cited competitive rates and having multiple offset accounts as reasons for their satisfaction with the lenders.
National Australia Bank insurance app cuts bushfire risk to 1.5%
Customers can use the free rating tool to identify property upgrades before the fire season.
ANZ names ex-NAB and Westpac exec to its board
Rachel Slade was most recently group executive, business and private banking at NAB.
Westpac poaches Macquarie CIO to lead digital transformation
Richard Heeley will join Westpac later in 2026.
NAB launches 24/7 security hub to tackle cyber and fraud threats
It will enable the bank to share information and identify threats in real-time, NAB said.
Australia flags excessive car finance fees in eight-lender review
One customer paid $6,222 in fees on top of typical lender and distributor fees.
HSBC Australia fined $24.53m over scam protection failures
HSBC admitted to inadequate scam controls in its internal transfer system between May 2023-2024.
NAB deploys AI analytics tool saving 2-4 days per use case
Genie translates plain English questions into structured SQL queries.
ANZ opens 27 branches on Saturdays for home loans and specialist banking
There will be no over the counter services on Saturdays.
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