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.

China, Forecasts, trends, outlooks, Management dynamics, Management, Foreign investments, Economic aspects, Forecasts and trends, Market trend/market analysis, Company business management, Commonwealth Bank of Australia

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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.

Legal issues & crime, Government regulation (cont), Government regulation, Legal/Government Regulation, Laws, regulations and rules, Bank overdrafts

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