Home / banking


William Jordanou

A FORMER professional poker player will spend at least nine years in a Victorian jail after scamming the Commonwealth Bank of nearly $58 million in a fraud of “breathtaking proportions”. William Jordanou, 60, was slammed by County Court of Victoria Judge Paul Lacava on Thursday for causing delay in the …

Read More »

Banking royal commission

BANK customers will get greater and better information on what’s happening to their money in a government bid to reduce the power of financial institutions. The customer power move will be aimed at preventing what Treasurer Scott Morrison will today call “disappointing incidents” exposed by the Financial Services Royal Commission. …

Read More »

Commonwealth Bank lawsuit

TWO shareholders have lodged a world-first lawsuit against the Commonwealth Bank because it failed to mention climate change risk in its annual report last year. Lawyers from Environmental Justice Australia today filed proceedings in the Federal Court on behalf of shareholders Guy and Kim Abrahams, with the case expected to …

Read More »

Mike Baird’s new job with NAB

THE man dubbed Casino Mike has apparently hit paydirt. Just five weeks after tearfully resigning as New South Wales premier, Mike Baird has snared a lucrative job in the banking sector. The National Australia Bank gig will be a hefty payrise for the former state leader. Mr Baird is likely …

Read More »