Recent News & Articles

Select one then click "Apply", Select "Any" & Apply to view all.

Banking News

Find the latest news and stories about banks caught out in illegal and corrupt activity from around the world.

News / Article Summary Go To Article

"The sky is falling" - Aussie banks in a spin over budget bank tax

Bank CEOs will very happily pay this minuscule bank levy .... it it stop a Royal Commission. This article shows how the elite are working against your interests. Lies and threats to scare people. What do you expect bank from CEOs, ratings agencies and market analysts to say? It certainly won't be the truth. The elite want us distracted, confused and frightened. Arguing about Labor or Liberal and this tax or that tax is keeping you right out of the real game. There is an important discussion that needs to be had but it won't happen while you are battling a phony fight in the wrong arena.

Narev-Thorburn-don't-like-levy
Read More...

Turnbull's Job At Risk

Turnbull's government could lose a vote in the House of Reps regarding a Royal Commission or Commission of Inquiry into the banks. If he loses the vote he loses the top job and the LNP could be defeated in an election. Turnbull stayed loyal to the banks above his countrymen for just a little bit too long. The lame duck is now a dead duck.

Turnbull-Banker
Read More...

Former ALP Qld Premier To Head Bankers' Association

Anna Bligh is now the head of the Australian Bankers’ Association. This tells us all we need to know about how politics works in Australia. Do not expect any politician - particularly one from the big two - to work in your interests .... or even the country's interests. Is there anyone - or any group - that will help drain the swamp in Canberra?

Bligh-ABA-New-Leader
Read More...

Farmer putting heat on bankers

"How come a business worth $6.5 million could sell for only $1.55 million? When a bank and liquidator decide to strip a company of value and sell it off in such a way that the borrower loses all equity ... that's how come. In many cases insider mates of bankers, lawyers or receivers buy the property at a bargain price. These are the types of crimes our Prime Minister doesn't care about. There is no excuse. Mr Turnbull .... Bring on a Royal Commission!

Sam-Sciacca
Read More...

Bankers in trouble if targets not met

Have you ever suspected that your banker was rewarded for selling you products that were unnecessary, too expensive and not in your interests? Well a new report commissioned by the Australian Bankers Association proves it. The Sedgwick review was designed by the bankers to defuse calls for a Royal Commission. Well it's backfired. Bank insiders spill the beans on the pressure staff are put under to meet sales targets and boost their pay with bonuses and commissions. Commission programs of this nature create perverse incentives and staff are encouraged to act against the interests of clients. Read the full report linked below this article.

Banks-ripping-us-off
Read More...

The bankers' money creation scam exposed ..... again.

Professor Werner is pleased the world is waking up to the truth of how money is created, but is very displeased with what he sees as the central bankers’ reaction: the death of cash and the rise of central bank-controlled digital currency. He sounds another warning very much like BRN's - we are heading toward an Orwellian world where all power and wealth is concentrated in the hands of the manipulators of money. A world where democracy is an illusion and politicians serve the interest's of the elite 0.1%.

Central Bank - Crime Scene
Read More...

Aussie War Hero's Family Ripped Off

This case demands a review of Perpetual's lending history. Retrospective justice must be visited upon all of the disabled souls deliberately targeted by rogue finance brokers commissioned and encouraged by Perpetual. What sort of country has Australia become? Where rogues can steal without penalty from anyone they target even a war hero such as Sir "Weary" Dunlop.

It gets worse - Geoff Lloyd, the CEO of Perpetual, was recently appointed to Chair the Financial Services Council - the body overseeing Australia’s $2.6 trillion wealth management industry. This is a classic example of how the system is rigged with players in the industry manipulating regulatory agencies and government.

Weary-and-the-boys
Read More...

ASIC Hits CBA & NAB ..... With A Xmas Snowflake

ASIC still doesn't get it. If you want to stop the crimes the penalty must be greater than the profit. Any other businessmen engaging in the types of abuses bankers are profiting from in would be jailed. The government, regulators and courts are facilitating these crimes. Political parties get donations. Politicians get jobs in the finance sector upon retirement. This game must be exposed and stopped.

Narev-Pay-Rise-Despite-Scandals
Read More...

European Banks In Trouble - Italy

Looking to end a protracted banking crisis that threatens Italy's economy, Prime Minister Paolo Gentiloni has authorised a €20 billion ($29 billion) fund to help lenders in distress - first and foremost Monte dei Paschi. The biggest and oldest banks in the world are failing. The biggest banks are being fined billions. Do you think something is not right with the banking system ..... right around the world?

Monte-dei-Paschi
Read More...

European Banks In Trouble - Germany

Banks are being fined tens of billions of dollars in Europe and America. The people who profited from the crimes are not paying a penalty. Shareholders and taxpayers are paying. The world can no longer afford bankers getting away with these predatory and unconscionable business tactics. Banking is organised crime on a grand scale. We will only see reforms when the bankers involved are jailed and stripped of their ill-gotten assets.

Deutsche-Bank-Going-Down
Read More...

CBA & NAB admit to shocking behaviour of FOREX Traders

ASIC uncovers shocking abuses in the foreign exchange divisions of both CBA and NAB. The banks are slapped with enforceable undertakings. What does a crooked banker have to do to go to jail? Oh yeah .... they have to steal from the bank rather than the customers. Royal Commission must be called. We will see scandal after scandal revealed because the industry is engaged in criminal activity and more whistleblowers are coming forward every day.

NAB-CBA-ASIC
Read More...

Corrupt CBA Bank Executive Jailed

This CBA story has it all. Highest level (so far) bank executive guilty of corruption and jailed. US FBI and SEC join forces with NSW Police to nail the perpetrators.

CBA-Executive-Keith-Hunter-Jailed
Read More...

Australia On Trial

John Wilson sounds the warning. Your country's Sovereignty ..... and your freedoms and rights have been stolen. You can still get them back but it will be a battle. The first step is to understand that our freedom depends on important concepts inherited via Magna Carta & Bill of Rights - such as Habeus Corpus and Trail by Jury. Senator Rodney Culleton is battling the High Court right now. He must have a Trial by Jury.

Magna Carta Monument Canberra
Read More...

NAB Bitten By Banking Code

Judge lashes National Australia Bank (NAB) for breaching the Code of Banking Practice. The code has contractual force and does give protection to victims of bank misconduct.

National Australia Bank Fails - NAB Corrupt
Read More...

Senator Culleton's Outstanding Maiden Speech

Rod Culleton had his world turned upside down when ANZ set out to destroy his livelihood. He fought back and helped other farmers on his way to becoming an Australian Senator in 2016. ANZ and the other banks will be feeling the heat very soon.

The_hunted_becomes_the_hunter
Read More...

NAB Robs Blind Farmer

Michael West exposes yet another NAB farmer scandal. How do bankers justify destroying people with "penalty interest rates" of 25%? They can't. They just do it because our politicians and Australian Courts let them.

Australian Banks Destroy Farmers NAB Scandal
Read More...

Banking Royal Commission - Needed & Inevitable

An excellent article from Ian. There will be a Royal Commission. A majority of MPs support it in the House of Reps. Very soon the people will rise up to demand and end to dodgy banking practices that are ruining millions of lives in Australia and right around the world.

Read More...

NAB's Illegal Monitoring Of Customers Uncovered

NAB is notified when a business banking customer approaches a rival. Privacy breaches a normal part of NAB's business model


Read More...

CBA's Actions Will Lead To A Royal Commission

Mark Bishop reminisces about his Senate inquiry into ASIC. Pity he forgets a couple of important points.

CBA-Needs- Royal-Commission
Read More...

Royal Commission Is Essential - ASIC Not Adequate

It's been one scandal after another ... decade after decade. Government has failed. The regulators have failed. More money fro ASIC will not help. We need an honest and determined commitment to genuine reform. It is up to citizens to make sure it happens.


Read More...

CBA Medical Officer Exposes Bank's Abuses Of Clients

When you pay for insurance you expect to get help when you need it. The CommInsure scandal has shown just how hard a bank will kick a person in their time of need. Imagine - bending over backwards to avoid paying out when people are at their weakest and most vulnerable - when they are sick or dying.

CommInsure-Ignores-a-client's-Heart-Attack
Read More...

CBA Exposed - Loan Inquiry Investigates Fraud

Inquiry hears from victims and ASIC whistleblower. Royal Commission becomes more likely with damning revelations of predatory and unconscionable behaviour by CBA. The "Clawback", long denied by CBA, has been proven. Bankwest clients defaulted by CBA to improve its position in the takeover. Many clients had never missed a payment.

CBA-CEO-Narev-Denies-Clawback
Read More...

CBA Lies & Cheats To Limit Compo Payments

After running the program for 14 months, the bank has only compensated 19 customers less than half a million dollars – despite receiving over 8000 requests for file reviews from clients. Financial planning scandal will lead to bankers leaving the industry. Trust has been destroyed. Lack of trust in banks and governments will lead to economic stagnation. Too much - has been stolen from too many - for too long. This will contribute to the next financial crisis.

CEO-Narev-Sprung-For-Deception
Read More...

NAB Cover-up Exposed

NAB planners involved in fraud, forgery and other unconscionable activities against clients. So far the bank has only compensated 62 victims - $1.3 million. If ASIC is serious NAB will be the first bank to be properly dealt with.


Read More...

LIBOR - The Biggest Bank Scandal You've Never Heard Of

The 14-year sentence handed to Tom Hayes, the Yen trader at the centre of the Libor-fixing scandal in the UK, is the longest sentence yet in a scandal that has cost his former employer UBS, and others, US$17 billion in fines. This is the biggest banking financial scandal in history and plenty of people don't want you to know about it.

Read More...

IOOF Scandal Demands A Royal Commision

Millions of Australian rely on advisers, banks, financial firms and superannuation funds to behave ethically and lawfully. Unfortunately recent events show that predatory business practices are common and causing great harm to bank clients. The move toward a proper Royal Commission is now inevitable.

IOOF-Crimes-Exposed
Read More...

Greece - The Hidden Truth

According to mainstream media, the current economic crisis in Greece is due to the government spending too much money on its people that it went broke. This claim however, is a lie. It was the banks that wrecked the country so oligarchs and international corporations could benefit.

Greeks-Vote-No-To-Slavery
Read More...

NAB Defeated In Court

NAB tried to argue that the industry's self-regulatory Banking Code of Practice has no legal effect. Judge lashes NAB's attitude and states the code has contractual force, and that, because NAB breached it, the bank could not recoup $6 million in loan guarantees for a series of failed Gold Coast property investments.

The-Victorian-Supreme-Court's-ruling-has-sparked-predictions-of-major-changes-in-the-banking-sector-Photo-Louie-Douvis
Read More...

NAB Hit With Huge Fines

NAB's bad behaviour in Britain raises broader questions about its culture, including its compensation process and complaints handling in Australia.

The scandals at Clydesdale raise more questions about NAB's behaviour at home
Read More...

Senate Calls In The Bank Bosses

Four of the country's richest corporate executives have apologised at a Senate inquiry, after reigning over a culture at Australia's biggest banks that allowed unscrupulous financial advisers to peddle risky investments to clients.

NAB-CEO-To-Lift-Gag-Order
Read More...

Iceland Leads The Way To Honest Banking

Report identifies corrupt monetary system as root cause of financial crises. Iceland may take away the power of private bankers to issue money. Under the so-called Sovereign Money proposal, the country's central bank would become the only creator of money. This is the banking cartels worst nightmare but it must be done.

Read More...

Corrupt Aussie Banks Exposed

NAB profits from predatory and unconscionable business practices. Governments know all about it yet refuse to take action. Evan Jones explains the racket.

Bully-Bankers
Read More...

Dastyari On Warpath - NAB UK Scandal Trigger Reform In Oz

Senator Sam Dastyari enlists the help of UK Government in battle to clean up NAB.

NAB-Death-Star
Read More...

NAB Crimes Uncovered In UK & Australia

NAB UK operation just as corrupt as the Australian. Thousands ripped off. Billions could be required in compensation payments.

NAB-Cydesdale Rip Off
Read More...

NAB Crimes Exposed By Victims

NAB says it's cleaned up its act after claims of dodgy financial advice but now the bank's victims are coming forward with tragic stories about the impact on their lives.

NAB-Criminal-Planners
Read More...

NAB UK Operation - Toxic

NAB CEO Andrew Thorburn will have great difficulty selling NAB's scandal ridden UK operation. Toxic loan products have led to massive damages payments to ripped off customers.

NAB-UK-Scandal
Read More...

NAB Not To Be Trusted - Latest Disaster Damages Bank Brand

NAB denies systemic crimes in its Wealth division. No-one believes the bank. The case for a Royal Commission is now rock solid.

NAB-CEO-Missing
Read More...

NAB Star Performers Out Of Control Due To Failed Regulator

NAB financial planners as bad or worse than CBA's. Fraud and forgery uncovered by whistleblower leaks. Bank pays out victims to silence them and then pays out planners without reporting them to ASIC - allowing them to move to other companies to keep the same scams running.

Cowper
Read More...

ASIC's Failure Means Royal Commission Is Now Urgent

The banks are running an organised crime racket. Staff, financial planners, valuers, lawyers, liquidators, Courts are all involved in a well oiled machine which is designed to work against the client's interests simply to enrich each cog in the machine. This is crime on a grand scale. Reform is long overdue.


Read More...

NAB Fraud & Forgery Revealed In Damaging Leaks

Don't forget to add a nice little summary about this page! Just a 2-3 sentences to whet the appetite.

NAB_Untrustworthy
Read More...

Pages

Top 4 Australian Banks - Under Scrutiny

AU Banks want much more than just the farm!
  - The world knows it, but do the people of Australia know it?
It's time to spread the word.


Flush and Dominant, Australia’s Banks Come Under Pressure

There is "...a growing storm in Australia over the size, power and conduct of the country’s four big banks."

"Long politically protected and immensely profitable, Australia’s big banks are now facing the biggest public outcry in a generation..."

"... Australia stands out. At a time when the world is considering what to do about banks that are too big to fail, Australia offers a glimpse of just how big — and how dominant — they can become."
Quoting From NY Times Article By A. ODYSSEUS PATRICK OCT. 14, 2016

Recent News & Articles

The Australian Government calls on the people to give their...
The elite are draining Australia's wealth and the people's...
Malcolm Turnbull seems keen to stop drug users receiving...

Need Support?

Financial Help
Tips & Resources to help you avoid or manage financial difficulty...

>> read more 

Emotional Help
Financial stress is a major factor in depression and anxiety, if you are suffering you can get help...

>> read more 

Poll

Should bank CEOs and loan officers face asset seizures and jail terms for criminal banking practices?

Socialize with us

               


Join BRN -Take Action



Go to top