Recent News & Articles

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
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.	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.	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.	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.	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.	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.	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.	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.	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.	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.	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.	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.	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.	Read More...
NAB Revelations Bolster Case For a Royal Commission The expose of NAB fraud and forgery in their NAB Wealth planning operation continues. It can only lead to a Royal Commission .... but it must be wide-ranging with extraordinary powers. It should look at the banks and the system in full - not just the financial planning arms.	Read More...
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.	Read More...
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.	Read More...
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	Read More...
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.	Read More...
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?	Read More...
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.	Read More...
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.	Read More...

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.
News / Article Summary	Go To Article
Ex-Goldman Sachs Banker Snatches Leadership Of Australia Malcolm Turnbull has removed a serving first term Prime Minister. Analysis of his past dealing will show exactly where his loyalties lie. As will analysis of his previous employer Goldman Sachs.	Read More...
Sick of feeling stressed? There are more slaves now than at any other time in history. Seven suicides a day in Australia. Domestic violence, family breakdown, widespread debt, substance abuse - the world seems to be going crazy. Are we living in a pathological society?	Read More...
The Debt Cult - PM Abbott Must Destroy It Dr Peter Brandson - CEO of Bank Reform Now calls on Mr Abbott to take action against the Debt Cult - significant threat to our people and our nation.	Read More...
False Valuations - Another NAB Predatory Practice Exposed NAB's Advantedge group has used falsified property valuations to give out unaffordable loans. This is unconscionable and must be stopped.	Read More...
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.	Read More...
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.	Read More...
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?	Read More...
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.	Read More...
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.	Read More...
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.	Read More...
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.	Read More...
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.	Read More...
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."	Read More...
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.	Read More...

BRN In The Media

Collection of articles, stories and multi-media presentations about Bank Reform Now.
News / Article Summary	Go To Article
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.	Read More...