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Storm made secret CBA deal

A SECRET deal between Commonwealth Bank and Storm Financial has been revealed as a factor behind $3 billion in investor losses.

Asic Gave 'clean Bill Of Health' To Storm

THE Australian Securities and Investments Commission failed to act on complaints about Storm Financial Group last year before the high-risk advisory house collapsed.

Clients Left In Ruins As Another Financial Services Group Collapses

The Commonwealth Bank is poised to appoint a receiver to Storm Financial Group as news emerges of Storm clients in financial ruin.

Macquarie Remains Exposed To Loans

MACQUARIE GROUP remains exposed to an unknown number of margin loans despite selling the business to Bendigo Bank last week.

Macquarie Can't Find Storm Shelter

MACQUARIE Group remains exposed to an unknown quantity of margin loans, despite selling its margin loan portfolio to Bendigo and Adelaide Bank.

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