Category : Search result: Australia banking scandal


Major UK Bank: AI Could Replace Thousands of Jobs

Exclusive: A leading British bank has warned that artificial intelligence could replace thousands of jobs, signalling a major shift in the UK's financial employment landscape. Discover which roles are most vulnerable.

Lloyds blocks card over twin sister identity mix-up

A Lloyds Banking Group customer reveals how a system error mistakenly linked her identity to her twin sister, leaving her unable to access her new credit card and trapped in a bureaucratic loop for weeks.

ANZ Bank fined £375k for major governance failures

Australia's ANZ Bank has been slapped with a hefty A$750,000 fine for 'widespread' corporate misconduct and failing to maintain proper share dealing policies for its directors, following a landmark Federal Court ruling.

Australia cuts skilled migration, new hurdles for UK applicants

In a major immigration overhaul, Australia cuts its skilled worker visa quota and raises the bar for applicants. Discover how new points tests, higher salary thresholds, and stricter English requirements will impact British nationals seeking a life down u

RBA to Ban Card Surcharges, Banks Fight Back

The Reserve Bank of Australia plans to eliminate debit and credit card surcharges, facing fierce opposition from major banks who warn of unintended consequences for consumers and businesses.

Sainsbury's Sells Bank to China's Ping An in Strategic Shift

Supermarket giant Sainsbury's is in exclusive negotiations to sell its lucrative banking division to Shenzhen-based Ping An Insurance Group, marking a major strategic shift and a significant Chinese investment into the UK's retail banking sector.

British Men Killed in Kangaroo Island Car Crash

Two British men have tragically lost their lives following a single-vehicle crash on South Australia's Kangaroo Island. The fatal incident occurred on the Playford Highway, casting a shadow over the popular tourist destination.

Lloyds Bank £175 Free Cash Giveaway

Lloyds Bank is offering a massive £175 cash incentive for new customers who switch their current account. Discover the simple steps to claim your free money and the terms you need to know.

UK Couple's Honest Verdict on Life in Australia

A British couple reveals the incredible highs and surprising lows of swapping their life in the UK for a new start in Australia, sharing their honest journey and the one thing they desperately miss.

Barclays charges £100 fee for 67p overdraft

A Barclays customer was left in shock after being charged a staggering £100 fee for a minuscule 67p overdraft. Read the full story of this banking scandal and how to protect yourself from similar charges.

Autumn 2025 Bank Closures: Full List of Shutting Branches

Exclusive: Major UK banks including Barclays, Lloyds, and HSBC announce a fresh wave of branch closures for Autumn 2025, leaving communities without vital local banking services and raising concerns about financial exclusion.

JPMorgan Accused in Court Over Epstein Ties

A new court filing alleges banking giant JPMorgan Chase ignored internal warnings and continued its relationship with convicted sex offender Jeffrey Epstein for years. The documents claim senior executives were aware of concerns.

Barclays & BoS Face Massive Fines Over Unfair Mortgages

The UK's financial watchdog, the FCA, is set to impose significant penalties on Barclays and Bank of Scotland for failing to offer existing customers the same competitive mortgage rates available to new clients, a practice affecting thousands of borrowers

Lloyds Bank to Close 45 Branches in 2025

Lloyds Banking Group announces the closure of 45 Lloyds and Halifax branches across England and Wales in 2025, citing a dramatic shift to digital banking. Discover if your local branch is affected.

Osborne's Robey Warshaw in shock Evercore takeover bid

Former Chancellor George Osborne's boutique investment bank, Robey Warshaw, is in advanced talks to acquire Wall Street giant Evercore in a monumental deal that would reshape the global financial advisory landscape and create a transatlantic powerhouse.

Dan Andrews Poses with Putin and Kim Jong Un in China

Former Victorian Premier Dan Andrews has ignited a firestorm after being photographed alongside authoritarian leaders Vladimir Putin and Kim Jong Un at a major military parade in China, raising serious questions about Australia's foreign policy and diplom

NatWest to close 26 bank branches in 2024

High street giant NatWest Group announces another wave of closures, shutting 26 branches across England, Scotland, and Wales in 2024, citing a dramatic shift to online banking.

Indian Minister's 'Buy Australian Homes' Remark Sparks Fury

Indian Commerce Minister Piyush Goyal faces backlash after suggesting wealthy Indians could purchase Australian properties to ease pressure on the local housing market, a comment labelled 'tone-deaf' during a severe affordability crisis.

TSB Banking App Crashes in Major Nationwide Outage

TSB's mobile banking app and online services have been hit by a major outage, leaving frustrated customers unable to access their money. The high street bank is investigating the technical meltdown.

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