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New Zealand begins inquiry into Christchurch’s mosques massacre

WELLINGTON (Reuters) – An inquiry into Christchurch’s mosques shooting massacre began hearing evidence on Monday, as New Zealand Prime Minister Jacinda Ardern prepared to co-host a meeting in France that seeks global support to tackle online violence. A lone g... More »

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Australian lawmaker, who wanted bank inquiry, questions scope of…

SYDNEY (Reuters) – The ongoing public inquiry into the scandal-ridden Australian finance sector is too narrow in scope, a politician who had campaigned for the so-called Royal Commission said during hearings on Tuesday. The complaint from Bob Katter, a lower h... More »

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ANZ scraps sales bonuses for financial planners as inquiry shakes…

SYDNEY (Reuters) – Australia and New Zealand Banking Group Ltd (ANZ.AX) said it would stop paying financial planners bonuses for selling its products, the first of the country’s top lenders to change business practices amid a powerful inquiry into misconduct i... More »

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IMF Bentham proposes to fund class action against Australia’s AMP

(Reuters) – Litigation financier IMF Bentham Ltd said on Monday that it plans to fund a class action against AMP Ltd, Australia’s largest listed wealth manager. IMF said the investment involves a proposed class action by certain current and former AMP sharehol... More »

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Bank lending in spotlight as Australian inquiry begins

FILE PHOTO: The logo for the Commonwealth Bank of Australia adorns their head office in central Sydney, Australia October 12, 2017. REUTERS/David Gray/File Photo SYDNEY (Reuters) – A government-backed inquiry into Australia’s finance sector on Monday said it w... More »

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Australian banks face renewed push for intrusive inquiry

A combination of photographs shows people using automated teller machines (ATMs) at Australia’s ”Big Four” banks – Australia and New Zealand Banking Group Ltd (bottom R), Commonwealth Bank of Australia (top R), National Australia Bank Ltd (bottom L) and Westpa... More »

U.S. investigates security of mobile devices

WASHINGTON The Federal Communications Commission and Federal Trade Commission have asked mobile phone carriers and manufacturers to explain how they release security updates amid mounting concerns over security vulnerabilities, the U.S. agencies said on Monday... More »