Up against the wall
Article Abstract:
The Commonwealth Bank's success was largely due to the fact that they did not expand aggressively abroad and have invested in a small way in China. Australia's big banks are joining the rush to invest in China, but it could be very frustrating since the financial system in China needs to be reformed as the banking system has a high stock of non-performing loans.
Publication Name: The Bulletin with Newsweek
Subject: News, opinion and commentary
ISSN: 1440-7485
Year: 2005
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Seeing red
Article Abstract:
The legality of overdrawn accounts by Australian banks as examined by an Australian lawyer, Ben Slade is presented. According to him the banks cannot impose penalties on customers like the direct-debit dishonor fees.
Publication Name: The Bulletin with Newsweek
Subject: News, opinion and commentary
ISSN: 1440-7485
Year: 2004
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Comment about this article or add new information about this topic: