Original version

BBC World Service Europe and the Middle East

Business Matters

Discussion & Talk

Factual: Money

Donald Trump receives big cash pledges despite conviction

Global business and finance news and discussion from the BBC

Global business and finance news and discussion from the BBC.

BBC World Service East and Southern Africa Schedule

BBC World Service East and Southern Africa

BBC World Service Online

BBC World Service Australasia

BBC World Service schedule for American satellite radio and the Caribbean

BBC World Service Americas and the Caribbean

BBC World Service

BBC World Service South Asia

BBC World Service West and Central Africa Schedule

BBC World Service West and Central Africa

BBC World Service East Asia

Business Matters: Penalty Increased for Commonwealth Bank of Australia

News

Global business news

01/05/2018 GMT

Penalty Increased for Commonwealth Bank of Australia

BBC World Service - Business Matters, Penalty Increased for Commonwealth Bank of Australia

Australia's banking regulator has added $753m to the CBA's capital requirements

In a damning report, the Australian Prudential Regulatory Authority (APRA) has added an extra $753m to the CBA's capital requirements. The bank was sued for widespread breaches of money laundering laws that allowed criminals and terror financiers to launder millions of dollars through its accounts. We hear from the BBC's Phil Mercer and ABC's senior business correspondent, Peter Ryan, in Sydney. Nigeria's President Muhammadu Buhari is the first leader from Africa to visit President Trump in the US. The BBC's Ishaq Khalid in Abuja tells us what Mr Buhari hopes to achieve with the visit. And we have a report from southern Nigeria exploring the country's attempts to diversify its economy away from oil. Earlier this year, China approved the removal of a two-term limit on the presidency - effectively allowing Xi Jinping to remain in power for as long as he wants. We hear an extended interview with Elizabeth Economy of the Council on Foreign Relations, whose new book is called The Third Revolution: Xi Jinping and the New Chinese State. And throughout the programme, we're joined for discussion and comment by Mark Blyth, professor of International Political Economy at Brown University in Rhode Island and the journalist and writer Madhavan Narayanan in Delhi. (Photo: A Commonwealth Bank of Australia sign is seen on a building in Sydney. Credit: William West/AFP/Getty Images)

Accessibility links

Programme Index

Business Matters

Penalty Increased for Commonwealth Bank of Australia

Genres

Formats

Brand

BBC World Service Europe and the Middle East

About BBC World Service