
News from Retail Banker International
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US Economy · United StatesPresident Donald Trump is expected to sign an executive order Thursday that would punish banks for restricting services to customers based on their political or religious beliefs, formalizing “debanking” protections that conservatives and crypto industry advocates have been pushing for.See the Story
Trump set to sign executive order going after ‘debanking’
49% Center coverage: 112 sources

National Accountability Bureau · MelbourneA big four bank and one of its subsidiaries have been ordered to pay $15.5 million for failing to respond to struggling customers.The Federal Court yesterday ordered National Australia Bank (NAB) and AFSH Nominees to pay the penalty for failing to respond to 345 hardship applications within the legally mandated 21-day timeframe.Justice Penelope Neskovcin said the reasons customers gave for their hardship included medical issues or emergencies, b…See the Story
NAB and subsidiary ordered to pay $15.5 million after ASIC takes court action
100% Right coverage: 2 sources