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Banking News

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

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NAB Alters ASIC Media Release

Yet another example of ASIC performing in a biased fashion - favouring corporate players that are abusing their position of power. NAB given the opportunity to modify an ASIC press release critical of the bank and a system error which cost clients millions of dollars.


ASIC and The Big End Of Town
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NAB Takes Years To Pay Compensation After Investment Nightmare

Jeff Morris helps NAB victim Veronica Coulston get justice - eventually. How can other victims hope for success without an expert helping them? The only way is for the government to take bank crimes seriously.

NAB Rips Off Veronica Coulston
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Forgery, Sackings And Millions In Compensation: NAB Under Fire Over Financial Planners

It wasn't only in the UK that NAB was ripping off clients. 100s of Million of Dollars compensation could be required to compensate Aussie victims of NAB planners

Jeff Morris - Financial Advice Scandal
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Whistleblower's NAB Leak Reveals Persistent Bad Behaviour

NAB's financial advice arm has been infected with some of the same contagions as CBA's – forged client signatures, fraudulent file reconstructions, and poor advice leading to compensation payouts for some clients – underscores the problems festering in  Australia's financial advice industry.

NAB Lootman and Robbin' - Clyne & Thorburn
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Australia - Paradise For Control Fraud

The performance of ASIC in regulating financial fraud remains under question, despite Chairman Greg Medcraft’s recanted statement that Australia is a “paradise” for white-collar criminals. Philip Soos gives a clear explanation of how banks use crooked accounting to steal money from customers and shareholders. Control Fraud is the name of the game.  Why do our politicians allow this to damage our economy and our people?


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NAB High Court Case Pending Regarding Loan Payout Abuses

Elliot Sgargetta - in a David versus Goliath battle - Seeking his day in the High Court to find justice against NAB - the bank that tried to force a trapped customer to pay an extra $24,000 on a loan payout. Now NAB want to take his house. Elliot has put six years of his life into this. NAB and the other banks are in big trouble if Elliot can set an important precedent.

NAB - Attacking Clients For Extra Money
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ASIC - AWOL - Missing In Inaction

ASIC Whistleblower James Wheeldon explains why our key corporate regulator condones  and encourages unethical and unlawful behaviour. It means we are not served by the agency that is supposed to prevent white collar crime and the flow on damage to businesses and families.

ASIC Toothless
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NAB Found Responsible For Farm Animal Deaths

Kim Hall has experienced the dark side of NAB's business model. He was promised funding for his redevelopment but it was a set up. At the critical moment funding was withdrawn. The land was taken. NAB refused to give it back even when Kim had arranged alternative financing. NAB - Ultimate Unconscionable Banking Inc.

Kim Hall and Dakota put the hoof into NAB
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Australia's Opportunity To Reform Financial System

2014 – Australia hosts the G20: Bank Reform Now encourages Prime Minister Tony Abbott to put serious discussions on the table at the G20 meetings regarding - Finance and Central Banks. Meetings scheduled this year in Sydney (February 22nd – 23rd), Melbourne (June 22nd – 23rd), Cairns (September 18th – 21st) and Brisbane for the final communique (November 12th – 15th).

G20 2014 Australia Hosting
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Is NAB The Most Corrupt Aussie Bank?

Dr Evan Jones reports on NAB's way of doing business. Why isn't this information on the front pages of our newspapers? Why are our politicians not acting in the people's interests?


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The Deterrent For Bad Banking Behaviour Is Minuscule

Governments allow bankers to get away with criminal activity because the penalties are far less than the proceeds of the crimes. Serious bank crimes require serious penalties.

Bad Banker Spanked - Michael Mucci
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CBA Financial Planning Scandal

The bank's compensation system encouraged criminal behaviour. CBA Whistleblower Jeff Morris exposes the corrupt financial planning division of the bank.

cba-whitleblower-story-illustration-kerrie-leishman
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NAB And Its Treacherous Destruction Of Wide Bay Bricks

There are hundreds of NAB related cases and articles you could read which show how you and your family will benefit by supporting the Bank Reform Now protest movement. If you only have time to read one of the cases - please just read the letter shown below. This clearly shows why Bank Reform Now is needed and why - with your support - we will not stop the campaign until the important precedent is set .... and we all win against corrupt banking behaviour.

Bank Robbery
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The Sliding Scales Of Justice In Queensland

August 2012 - Queensland Government aims to close down the State Reporting Bureau and to outsource the recording and production of transcripts for Queensland court proceedings - Dr Evan Jones reports

Qld Corruption
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Bank Corruption Down Under

There is plenty of evidence of corrupt - predatory bank behaviour but the government turns a blind eye. Evan Jones exposes the racket and how it damages people and businesses.

Corruption
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Kay v NAB [2010] NSWSC 1116

A Court case study - NAB abuses its position of power charging outlandish and unjustifiable fees, penalties and interest. Court rules against NAB.

Cameron Clyne - NAB CEO
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The NAB, Small Business And The Wilful Ignorance Of Judges

The National Australia Bank claim to be the bank of small business — but they are anything but, explains Australia's leading exposer of bad banks, Associate Professor Evan Jones.

Nabbed - Small Businesses burnt by bad banking practices.
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Predators - Where Are Our Financial Watchdogs?

Banks and brokers are involved in widespread fraud. Loans are being given out almost willy nilly - often to people who can't afford them. The loan officer gets a bonus and lines up for a promotion. The bank victims have their lives destroyed. ASIC and its external dispute resolution arms FOS and COSL look on. It's time they acted in the people's interests.

Predatory Lending Article Bank Reform Now
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Banks: Still The Untouchables

Loan Application Fraud, Predatory Lending - Tools of the trade for NAB. Why don't the Courts and the Government go after banks behaving badly?

Handcuffed Banker
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Regulator Examines NAB Over 'Breach'

NAB once again under scrutiny from the corporate regulators for unconscionable conduct. Personal guarantees have to be explained to the customer, or the opportunity given to obtain independent legal advice. NAB's non-compliance is a breach of the Trade Practices Act.

Bank Fraud Examined
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NAB Accused Of "Unconscionable Conduct"

More and more cases of NAB's predatory business practices are coming to light. Here the 7.30 Report exposes the massive damage deliberately inflicted on the Safetli family.

Mortgage Fraud
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NAB Report Grim

NAB cash earnings down 9%. $360 million foreign exchange scandal is only part of the story.

White Collar Criminals Must Face Justice
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Regulator's Report Pans NAB

APRA investigation forces NAB CEO Frank Cicutto and Chairman Charles Allen to quit. APRA doesn't trust the board and management of NAB in light of the foreign exchange scandal.

NAB
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Dr Brandson's Blog

Be inspired by founder Dr Peter Brandson's thoughts and opinions, shedding light on the bigger picture of bank corruption and how it damages people's lives.

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Right To Life - Critical For A Civilised Society

Bank Reform Now CEO suggests a way for Indonesia to save Andrew and Myuran - and perhaps improve the lives of many more of us. He clearly explains that the real criminals are not being jailed. Much of the proceeds of drug crimes are laundered and skimmed by corporate interests - specifically criminal banking. Respecting the Right To Life is a critical first step to improve the lives of the bulk of the world's population.

Change our ways to change the world
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A New World .... Odour. G20 Coverup - Rather Than Clean Up

The Main Game was all but ignored. A great opportunity to change the way economies and finance systems operate was missed. Politicians are working in the interests of powerful corporate interests. People need to become informed and then take appropriate action.

Obama-Sweet-Talks-G20
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G20 Australia 2014 - Seize This Golden Opportunity For Reform

The G20 meeting in 2014 is a great opportunity to have critically important issues sorted out to help avoid further global financial turmoil. Will world leaders rise to the occasion - or will they continue to protect corporate criminals?

Hockey&Coremann
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Bank CEOs Desperate To Stop Reform

Honest banking will not bring in the super profits they are enjoying right now. Bankers must adapt to a new way of doing business. The can no longer treat customers as victims to be fleeced of as much money as possible.

Mike-Smith-Fighting-For-The-Leeches
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NAB - Not Off The Hook In Criminal Banking Debacle

NAB was facing a massive loss on a company it had funded. The company was trading insolvent and was soon to default and likely go bankrupt. So how did NAB manage its exposure and risk? Well it did what any crime syndicate would do. It found a victim with assets - a farmer - Malcolm Taylor - and then by using fraud and deception got Malcolm to borrow against his farms to purchase the doomed company. A shocking case illustrating how NAB operates.


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NAB - The Dark Side Of Banking Exposed

NAB's predatory ways can badly affect a person who guarantees a contact's loan. This article points our the dangers of being a guarantor - especially for a loan involving NAB.


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Bank Reform Now Seeks Help From PM

2014 sees Australia host the G20 Finance Ministers and Central Bankers. Bank Reform Now CEO Dr Peter Brandson seeks the help of Prime Minister Tony Abbott to place meaningful reform on the agenda.

Abbott-must-take-action
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NAB Breaking The Law On Payout Requirements

Elliot is determined to set a precedent against NAB that will make the banks more accountable for their actions. NAB flouts the law regarding loan payout requests - thanks to Elliot's determination and persistence the law finally takes action against NAB.


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Elder Abuse Alert: NAB Caught Out (Again) - Altered Loan Documents

75 year old asbestosis sufferer Spencer Murray was set up and taken down by the National Australia Bank. By deliberately creating and using falsified Loan Application Forms the bank committed a crime but expects Spencer to pay ..... by giving his house to NAB. Spencer says "no way -  come and take it - but show me legal and valid documentation proving your case first."

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Bank Reform Now: Pre-Launch Update

As Bank Reform Now readies for launch the response to preliminary media appearances has been phenomenal. BRN has been inundated with horrific stories of unconscionable, predatory and corrupt bank behaviour. The people will soon have the opportunity to speak with one voice and united we will demand change.

CBA Bank Victim - Expresses the pain via art. Copyright image - Annette Leeder
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Bank Reform Now - The Business - ABC

Neil Woolrich from ABC TV's The Business - Gets the facts about NAB and the need for the Bank Reform Now campaign.

The Business ABC
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Help Wanted - We Need A YouTube Clip

Dr Brandson is asking people from right around the world to join in and help create a YouTube clip that will show everyone the way NAB operates. Spread the word - your clip could go viral - and help reform the way banks operate.

YouTube
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Senate Inquiry Shields NAB

Enough is enough! Although there has been some great public exposure about bad banking practices crippling individuals, families and businesses, with many well documented cases, it seems nothing much is getting done about this important issue that affects everyone.

Bank Reform Now's campaign enables all of us to join together and help stop bank rip offs. Unless we join together and target one bank at a time - not much is likely to happen to change the damage being done to all of us. BRN will show you why we must act and what action we need to take.

Australian Senate Enquiry NAB Banking
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BRN In The Media

Collection of articles, stories and multi-media presentations about Bank Reform Now.

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NAB Exposed For Predatory Lending ..... Again

After years of preparation Dr Peter Brandson is about to launch the Bank Reform Now campaign. Triggered by his experience of NAB and its predatory lending the campaign aims to reform the way banks operate. Initially focusing on NAB the campaign will extend to the whole industry. Banks will no longer get away with fraud and deception. The government will not be able to resist the call for reform. The campaign aims to harness people power in a way seldom seen in Australian politics.

Doctor Gives Away Family Home
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NAB Involved In Yet Another Predatory Lending Scandal

NAB has proven to be one of the most predatory of the Australian banks. Founder and CEO of Bank Reform Now - Dr Peter Brandson - has created the very first massive co-ordinated campaign against criminal banking practices. "Too many people's lives have been destroyed by dodgy bank behaviour - the government has refused to help us. It is time for the people to take the matter into their own hands."

NAB Predatory Loans Bank Reform Now
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NAB - Named And Shamed In The Senate

Despite shocking evidence showing NAB's predatory practices - NAB has refused to face its victims and accusers in the Senate.

NAB King Pin a no show at Senate
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Bank Reform Now - Begins

Years after NAB used Predatory Lending against Dr Brandson's family Bank Reform Now formed to take on the banks - one at a time. NAB is first. Carmen McIntosh explains why.

BRN Launches
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Bank Victims Horror Stories

From Extend RC Parliament Event
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