Briefs: Auswide implements TCU scheme, Cuscal joins blockchain development group 20 May 2016 4:19PM Auswide Bank's scheme of arrangement with Queensland Professional Credit Union (trading as Your Credit Union) has been implemented, with eligible YCU members due to receive $4055 in cash and 696 Auswi.. read more
Foreign news: US consumer credit default rate at 1980 lows, strong growth in UK contactless payments 20 May 2016 4:16PM The S&P/Experian Composite Consumer Credit Default Index fell seven basis points to a rate of 0.86 per cent last month. read more
Jobs in banking and finance 19 May 2016 4:46PM Financial Crime - AML Senior Manager$130kSydneyhttp://bankd.co/200IXef read more
Briefs: Firstmac launches RMBS, CML taps bond market 19 May 2016 4:33PM Firstmac has launched an issue of residential mortgage-backed securities, seeking A$350 million of funds. read more
Foreign news: London gold vault changes hands, IDF appoints steering committee 19 May 2016 4:32PM ICBC Standard Bank has purchased a gold vault in London from Barclays, CNBC reports. read more
Briefs: SocietyOne appoints general counsel, NAB looks for HK$1.1bn in sub debt, Cash Converters pan 18 May 2016 4:07PM SocietyOne has appointed Simon Willoughby as its new general counsel, responsible for legal, compliance and regulatory reporting functions. read more
Foreign news: UK competition authority pans bank fees, Lending Club attracts attention of US regulat 18 May 2016 4:06PM Yesterday the UK's Competition and Markets Authority set out its proposals "to reform retail banking, to improve competition and get a better deal for customers". read more
Briefs: NAB loses IT leader to Australia Post, HSBC joins NPP, ASIC's case against Westpac continues 17 May 2016 2:57PM National Australia Bank has lost its banking and markets divisional chief information officer, John Cox, who is moving to Australia Post to take up the role of CIO there. read more
Foreign news: UK regulator to boost bank switching, 600 UK banks close in the past year, borrowers c 17 May 2016 2:56PM The UK's Competitions and Markets Authority is set to unveil measures later today to help people understand bank charges and switch current accounts, in a move that Britain's start-up lenders hope wil.. read more
Three star op risk strife for NAB 16 May 2016 4:41PM An April 2015 internal audit report rated National Australia Bank's operational risk management practices as "inconsistent and ineffective" while key elements need "strengthening", Financial Review.. read more