Business
Banking & finance
A tiny bank in Trump Tower is making the president’s sons even richer
For years, Dominari Holdings’ shifting priorities and tribulations remained largely out of the spotlight. That changed when it gained two recognisable backers: brothers Donald Trump Jr and Eric Trump.
- by Annie Massa, Bailey Lipschultz and Dylan Sloan
Latest
Opinion
Big four
There is something strange afoot at Australia’s biggest bank, and experts are stumped
The experts are convinced that Commonwealth Bank is now sailing in “bubble territory”, but why are investors not interested in what they have to say.
- by Elizabeth Knight
Our super funds are good at making money but face a rising challenge
High-profile court cases from the corporate cop, and cyberattacks on funds have underlined the pressure on super funds to improve their service to members.
- by Frances Howe
Analysis
Earnings season
The $23 billion question: Can our banks sustain their rivers of gold?
Bank dividends are prized by small investors. But experts say it’s getting harder for banks to maintain the payments at current levels, and some expect cuts.
- by Clancy Yeates
Updated
Shares
Macquarie faces $782m fine for allegedly misleading regulator
ASIC has targeted $82 billion financial giant Macquarie Group for the second time in a week, alleging complacency and hubris in its compliance with regulations.
- by Colin Kruger
Opinion
Governance
A frustrated corporate watchdog is out for blood at Macquarie
ASIC has turned apex predator with its decision to take alleged misreporting of the number of “short sales″ Macquarie traded to the Supreme Court.
- by Elizabeth Knight
CBA boss tips interest rate cut next week; bank reports $2.6b profit
As a key Reserve Bank board meeting looms, chief executive Matt Comyn says Australia is in a good position to handle uncertainty in the world economy.
- by Clancy Yeates
Trump has caused wild swings in your super, so how are things right now?
Super funds faced a volatile environment when the US president unleashed tariff-induced mayhem last month. New figures may bring relief.
- by Clancy Yeates
Australia’s newest big four bank boss has his work cut out for him
ANZ’s new chief executive, Nuno Matos, is largely an unknown entity in local banking circles and has a hefty to-do list waiting for him.
- by Ambereen Choudhury, Amy Bainbridge and Chanyaporn Chanjaroen
Exclusive
AUSTRAC crackdown
From ‘money muling’ to ‘micro-laundering’, new scams grab watchdog’s attention
Australia’s financial crimes watchdog, which once fined banks billions for sleeping at the wheel, is now working with them to catch criminals used to slipping through the net.
- by Colin Kruger
Updated
Executive pay
Macquarie chief’s pay cut to $24m as ‘millionaires’ factory’ rakes in $3.7b
As Macquarie reported its profits on Friday, the investment bank known for its bumper pay packets also revealed how much its top executives were paid.
- by Clancy Yeates