Fresh judgment for two banks on BBSW penalties

Justice Jayne Jagot may settle the penalties that must be paid by National Australia Bank and ANZ for their misconduct in the bank bill swap market more than six years ago.Westpac, the third defendant.. read more

TCV tests 30-year demand

Treasury Corporation of Victoria has become only the second Australian entity to place a 30-year bond with investors in the debt capital market. read more

Briefs: HSBC continues to shrink

The global reset and shrinkage of HSBC's balance sheet continues, with the bank reporting a Q3 US13 billion drop in risk weighted assets during the September quarter. read more

$10m BBSW rigging penalty for NAB

National Australia Bank will pay a penalty in the order of A$833,000 per time for an acknowledged 12 instances during 2010 and 2011 when staff on its rates desk "attempted to engage in unconscionable.. read more

Firstmac billows in mortgage market

The ever keen pricing of Firstmac is helping the non-bank lender to set some kind of lending record across the spring home-buying season.Firstmac, in a media release on Friday, declared that "this wee.. read more

Disinflation set to rip

The Import Price Index fell 1.6 per cent and the Export Price index fell 3.0 per cent in the September 2017 quarter, the ABS said yesterday. read more