Focus
bank
Australia's Largest Bank Backs Down on New Cash Withdrawal Fee Amid Political Pressure
The $3 fee applies to withdrawals at a bank branch, but not at the ATM.
Australia’s Westpac Bank Reports $1.8 Billion Profit Amid Cost of Living Pressures
Cost of living and high interest rates remained an issue for some customers and also businesses.
Banks Introduce New Technology and Controls to ‘Shield Australians From Scams’
More intelligence sharing between banks, biometric identity scans, and double checks when you are paying someone new are among the changes
Service Returns After ANZ App and Online Banking Outage
The bank tweeted that it was “a technology issue relating to a third party vendor”.
Deadline Looms as Major Bank Gears up for Cashless Transition
The investment bank is phasing out all cash and cheque services in 2024.
Heads Roll Among China’s Top Financial Executives as Xi’s Purge Continues
As part of a broad ‘anti-corruption campaign,’ more than 100 executives were investigated or punished in the past year, with some being handed death sentences.
Bank Customers Unable to View or Access Accounts for Hours Overnight
Westpac online and mobile online bank services have now been restored after the outage overnight.
ANZ Boss Says Households Remain Robust, Posts Record $7.4 Billion Cash Profit
The bank’s cash profit was 14 percent higher than the previous year.
Biden Family Bank Records Subpoenaed as Impeachment Inquiry Heats Up
The impeachment inquiry into President Joe Biden has officially begun. The first hearing was held Thursday.
Fed Official Calls for ‘Significantly’ Tougher Bank Regulations, Sending Shares Plunging
A top Federal Reserve official has called for tougher regulations for regional banks, saying on Tuesday that the recently unveiled regulatory proposal for more stringent bank capital requirements don’t go far enough, with the S&P 500 banking index plunging to a one-month low.
House Republicans Make $20 Million Bombshell Allegation | Facts Matter
Just yesterday, House Republicans released a new set of bank records, which showed that Joe Biden’s son, Joe Biden’s family members, as well as their associates — were paid more than $20 million dollars by Russians, Ukrainians, and other foreign nationals, while Joe Biden was serving as vice president.
Fed Attempts to Boost Bank Capital as Lenders Expect Weak Results
Banks Object To New Proposal By Regulators To Increase Risk Cushion, While A Slowdown Is Expected
