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February 22, 2021
Mr Zhonghan Wu, also known as John Wu, former chief financial officer of Traditional Therapy Clinics Limited (TTC), appeared before the District Court of...
February 22, 2021
As one guide to the future, the past tells us that the successful bank of 2030 will have continued to innovate on product and process, but I'd like to...
February 20, 2021
THE STANDARD MONEY & CAREERS Kenya Airways (KQ) pilots are against proposals by the national carrier to have them paid per trip. KQ, which had been struggling even before the coronavirus pandemic, is floating the idea as part of a wide range of cost cutting measures to stay afloat. Kenya Airline Pilots Association (Kalpa) secretary-general Murithi Nyagah said that even though the move would help the carrier reduce its wage bill, it breached mutual agreements between the two parties. “We ...
February 18, 2021
Financial Rights Legal Centre Consumer groups in Canberra to fight for safe lending laws As the Senate Economics Committee hosts hearings in Canberra today, over 22,000 Australians have joined the callfor Federal Senators to strengthen instead of repeal safe lending laws, with many sharing personal stories of unsafe lending harm. Figures released during the Banking Royal Commission showed that between 2010 and 2018 alone, over 590,000 people received compensation totalling over $350m.* If safe ...
February 18, 2021
If the MLB playoffs are expanded, Max Scherzer wants to try a round-robin format Jesse Dougherty, The Washington Post Feb. 18, 2021 FacebookTwitterEmail Max Scherzer has an outside-the-box playoff format idea to increase the chances of the best team rising to the top.Washington Post photo by Jonathan Newton Max Scherzer likes Major League Baseballs current postseason format. He actually thinks it is the best postseason format in major U.S. sports. But with all this talk of expanded playoffs - ...
February 16, 2021
Date Time CBA liable for overcharged interest – Royal Commission case study The Federal Court has made declarations that the Commonwealth Bank of Australia (CBA) made false or misleading representations and engaged in misleading and deceptive conduct on 12,119 occasions when charging a rate of interest on business overdraft accounts substantially higher than what its customers were advised. The Court also made a declaration that on each of the 12,119 occasions that CBA breached s12DA(1) and s...
February 16, 2021
The Australian Securities and Investments Commission has successfully pursued a Royal Commission case study referral against the Commonwealth Bank involving overcharged interest on business overdraft accounts.
February 16, 2021
Mortgage Business CBA liable for overcharged interest By Annie Kane 16 February 2021 The Federal Court has declared that the major bank engaged in misleading and deceptive conduct on 12,119 occasions when charging a rate of interest on business overdraft. The Federal Court has made declarations that the Common...
February 16, 2021
By Zeyni Jafarov - Trend: The Central Bank of Azerbaijan (CBA) sold $55 million to the local banks at the foreign exchange auction held with the participation of the State Oil Fund of Azerbaijan (SOFAZ) on February 16, 2021, Trend reports citing the countrys CBA. The demand from banks at the auction, as compared to the previous indicator, decreased by 2 percent and was fully met. At the end of the auction, the weighted average rate of the manat to the dollar amounted to 1.7 AZN / USD. The firs...
February 16, 2021
CBA liable for millions in overcharged interest 16 February 2021 The Federal Court has ruled that the Commonwealth Bank broke laws when charging an interest rate on business overdraft accounts that were up to more than double what customers were told. The Federal Court made declarations that CBA made false or misleading representations and engaged in misleading and deceptive conduct on 12,119 occasions. The court also ruled that on each of the occasions, the major bank breached s...