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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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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.


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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
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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
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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
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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.


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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.

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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
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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
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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
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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
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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
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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.

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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
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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
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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
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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
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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
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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
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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
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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.


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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
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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.

NAB feeling the heat
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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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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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7 Steps To Genuine Reform

Private bankers have abused the powers they have stolen. It is time for nations of freedom loving people to take back their Constitutional right to create credit. The current debt based system is corrupt and unsustainable.

Too-much-wealth-in too-few hands
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Paris Attacked

Too many groups are getting a payoff from the tragedies and chaos we are regularly seeing. Is it really too difficult for world leaders to help us all live in peaceful, civilised freedom?

Paris-Attacked
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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.

Does-he-lead-for- the people?
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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?

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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.

Debt-Cult-Must-Be-Destroyed
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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.

NAB_fake _valuation_property
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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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BRN In The Media

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

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Dr Brandson's Bank Reform Now Campaign On Track

The Bank Reform Now campaign building public attention and goodwill in the pre-launch phase. Once a critical mass is reached banks will be put under pressure.

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White-Collar Criminals Infest Our Banks

Bankers can deny it all they like. The facts clearly show that conflicted remuneration models will lead to bank clients being ripped off. Reform is called for. The banking and finance system just takes too much away from productive people. An honest banking system is really not as profitable as many people have become accustomed to.

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