Foreign news: Wheatley quits FCA, Bank M&A prospects strong 20 July 2015 4:10PM The chief executive of the United Kingdom Financial Conduct Authority, Martin Wheatley, has announced his resignation. read more
Briefs: PEXA mulling IPO, Investors lose cash on ATMs, QBE sells US lender services business 17 July 2015 4:10PM Electronic property settlement business Property Exchange Australia is in the early stages of selecting an independent adviser ahead of a potential A$1 billion IPO or trade sale. read more
Foreign news: PayPal leaves eBay, BOC to trade Dubai oil, HK bank for sale, BNP goes digital 17 July 2015 4:07PM eBay has received the final approval required (from the European Central bank) to go ahead with the separation of its payments business PayPal. read more
NAB claims capital raising kudos 16 July 2015 4:30PM Comments from the Australian Prudential Regulation Authority that the major banks should increase their capital ratios by two percentage points have apparently given NAB chief executive Andrew Thorbur.. read more
Briefs: NZ banks' profit increasing, Banks stay under tax reform radar, Big Sky's BBB rating, and mo 16 July 2015 4:29PM The New Zealand banking sector has recorded an overall increase in net profit after tax of NZ$98 million for the quarter to March 2015. read more
Foreign news: UK banks miss Apple Pay launch, Indian bank at odds with auditors, Rake steps down at 16 July 2015 4:19PM A number of banks have missed the launch of Apple Pay service in the United Kingdom. read more
Brief: Westpac completes partial sale of Pacific operations 15 July 2015 3:31PM Westpac has completed the sale of its banking operations in Cook Islands, Samoa and Tonga but has postponed the sale of its Vanuatu and Solomon Islands operations. read more
Foreign news: China cracks down on margin lending 15 July 2015 3:28PM Three Chinese companies providing peer-to-peer lending services have announced that they will stop taking shares as security for loans. read more
Briefs: Direct Money commences trading on the ASX, CEFC to take advice on mandate, BOQ appoints gene 14 July 2015 4:07PM Consumer lender DirectMoney commenced trading on the Australian Securities Exchange yesterday, following the completion of an A$11.2 million capital raising and reverse takeover of Basper Ltd. read more
Foreign news: EU challenges MasterCard over interchange fees 14 July 2015 4:06PM The European Union has accused MasterCard of overcharging consumers by "artificially raising the costs of card payments". read more