Brief: Westpac compensates customers over FX charges 17 February 2016 5:14PM Westpac has reached a settlement with the New Zealand Commerce Commission over misrepresentation of foreign exchange charges that resulted in customers being overcharged when withdrawing money from We.. read more
Foreign news: China's bad loans rising, ECB mulls Italy's bad bank, Baroda FX scam spreads further, 17 February 2016 5:09PM Nonperforming loans at Chinese commercial banks rose by seven per cent between September and December, to 1.27 trillion yuan (US$196 billion). read more
Briefs: Fintech challengers miss tax incentives, YBR raises variable mortgage rate, ANZ sells more c 16 February 2016 5:23PM Banking, insurance, money-lending, debt-factoring, hire-purchase financing or other financial activities may be excluded from the definition of an innovation company as the Australian government works.. read more
Foreign news: Bank of Baroda rewarded for losses, HSBC stays in London, Chinese banks' coco surprise 16 February 2016 5:22PM The Bank of Baroda has been praised for recognising in its December-quarter results all the bad loans that a Reserve Bank of India review had thrown up, plus some that it found internally. read more
Jobs in banking and finance 15 February 2016 5:42PM Consultant/Senior Consultant/Manager, EYAdelaidehttp://bankd.co/1Tg2I05 read more
Briefs: Harmoney builds its capital base, iSelect seeks approval for a second buy-back, new head of 15 February 2016 4:44PM New Zealand marketplace lender Harmoney Corp has sold NZ$8.8 million of shares to Stone Ridge Ventures, taking its working capital to NZ$30 million, Scoop Business reports. read more
Foreign news: Bank of America boss gets a big pay rise, Visa buys into Square 15 February 2016 4:43PM Bank of America awarded chief executive Brian Moynihan US$14.5 million of stock grants on top of base salary of US$1.5 million, a 23 per cent "potential increase" in compensation according to Bloomber.. read more
Jobs in banking and finance 12 February 2016 5:25PM Private Equity - Analyst & Associate, Growth CapitalSydneyhttp://bankd.co/1ou5io5 read more
Briefs: Medcraft tells banks to plead guilty over rate manipulation, ANZ to drop Asia growth target 12 February 2016 4:30PM A new generation of Australian banknotes will be issued from September, featuring a different species of Australian wattle for each denomination. read more
Foreign news: New Coutts CEO appointed, HSBC backtracks on pay freeze 12 February 2016 4:29PM Former National Australia Bank executive Peter Flavell has been appointed chief executive of Coutts Private Bank, the largest private bank in the United Kingdom. read more