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Topic: financial services
The banks will never be able to pay for the damage they’ve done

The banks will never be able to pay for the damage they’ve done

Crikey readers respond to the costs and damages incurred by Australia's disgraced banking sector.

The government does what it can to keep temperatures rising

The government does what it can to keep temperatures rising

Crikey readers respond to the government's burying of emissions figures.

Royal commission adds Howard, Costello to the banking hall of shame

Royal commission adds Howard, Costello to the banking hall of shame

The Hayne royal commission interim report is a missile fired at the neoliberal fantasy at the heart of financial services regulation in Australia.

Hayne will become our most important banking inquiry since the 1970s

Hayne will become our most important banking inquiry since the 1970s

Kenneth Hayne and his royal commission will likely reshape financial services for decades to come.

Early unforced error on financial services sets alarms ringing

Early unforced error on financial services sets alarms ringing

Is the Morrison government serious about addressing financial services regulation? We don't even know who's responsible for it in the new ministry.

ASIC’s army of agents won’t do a thing. Let the ACCC at the banks.

ASIC’s army of agents won’t do a thing. Let the ACCC at the banks.

ASIC's plan to send agents into banks to detect wrongdoing misses the point that ASIC rarely prosecutes anyone.

How does Australia stack up in punishing financial crimes?

How does Australia stack up in punishing financial crimes?

If Australian banks were to be taken on by regulators in the US or UK, it's fair to say the banks would be sweating right now.

Razer: you can act appalled by the banks, but you’re ignoring the real issue

Razer: you can act appalled by the banks, but you’re ignoring the real issue

Don't believe the politicians and pundits: denouncing the banks for bad behaviour is nothing more than attempts to play into a grand illusion.

If I were the banks, I wouldn’t be losing sleep over the royal commission

If I were the banks, I wouldn’t be losing sleep over the royal commission

Even an aggressive commissioner who manages to work around the commission's impotent framing probably won't reveal anything we don't already know.

Bad apples: what would a banking inquiry look like?

Bad apples: what would a banking inquiry look like?

With calls for a royal commission into banks gaining volume, what questions should we be asking?