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Two large US institutional investors have expressed their opposition to a move by the board of Bank of America to allow its chief executive Brian Moynihan to also serve as chairman. read more

Commonwealth Bank has launched its second issue of residential mortgage-backed securities for the year, seeking A$1 billion of funds. read more

Greater Building Society and ME have adjusted their mortgage rates. read more

Yesterday Banking Day reported that eChoice had abandoned its wholesale lending activities. That is not correct. eChoice continues to originate wholesale loans via its direct sales team and its aggreg.. read more

AMP has appointed Sally Bruce as managing director of AMP Bank, replacing Michael Lawrence who is leaving the business. read more

Reuters and CNBC report that a US court has dismissed litigation by pension funds and other investors against Barclays (which has its LX "dark pool") and seven US stock exchanges, including Nasdaq, th.. read more

Westpac says it will become New Zealand's "first dementia-friendly bank" as a result of a project in partnership with Alzheimers Auckland. read more

UK bankers' bonuses have fallen to one fifth of total pay, their lowest proportion since 2003, after peaking in 2007, according to Britain's Office for National Statistics. read more

National Australia Bank has reclassified some household loan data that it supplies to regulators. read more

Moody's Investors Service has withdrawn the A2 insurance financial strength rating of QBE Lenders' Mortgage Insurance Ltd, saying its decision was taken "for its own business reasons." The decision ma.. read more