Bankers learn of firings via premature email to hand back their laptops
Australian bank ANZ apologises and offers counselling to more than 100 staff
Australian bank ANZ apologises and offers counselling to more than 100 staff

Investors fret over growing strains in private credit and risks of AI disrupting the software industry

Clients asking banks to review number of staff that have to be informed about live transactions

Customer information is either a private asset or a public good

US bank says recommendation has been withdrawn ‘based on a review of new information’

Australian bank’s board says move reflects regulatory settlements and drop in profits

It is still a struggle for management and regulators to get a clear view of what is really happening inside lenders