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960 days before CBA fully reimbursed victims of overdraft scandal
Commonwealth Bank took 960 days, or over two and a half years, to fully reimburse customers making use of their small business...
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New data reveals improved claims handling for Life
New data released by the prudential and corporate regulators shows life insurers have improved their handling of claims with...
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QBE's share price plunges as investors lose faith in turnaround
QBE Insurance Group's share price plunged nearly 6 per cent to $9.86 in the last week as prospects for a hardening...
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Westpac escape Corporations Act breaches in court
Westpac operated with unconscionable conduct while breaching both the Australian Securities and Investment Commission...
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Murky waters get deeper at royal commission
The Royal Commission into misconduct in the Banking, Superannuation and Financial Services Industry has taken its deepest dive yet...
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Banks and insurers struggle with third-party risk
A new global report has revealed that an alarmingly high number of banks and insurers are struggling to manage third...
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Moving to CCR: Lessons in implementation
According to research from the Australian Retail Credit Association (ARCA), 83 per cent of consumers are unaware of the recent...
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CBA offloads Chinese life insurer
Japanese insurance giant Mitsui Sumitomo Insurance will buy Commonwealth Bank's 37.5 per cent stake in BoComm Life for $...
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US House votes to ease banking rules
The House voted Tuesday to pass the biggest overhaul of financial regulations since the global financial crisis.
US...
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