CUA set to tackle wholesale funding mix 06 July 2015 3:54PM Credit Union Australia may be moving to cut its increasing reliance on short term wholesale funding, with a second long term credit rating to support marketing. read more
Foreign news: China Zheshang Bank plans IPO, Korea's Shinhan buys Indonesian banks 06 July 2015 3:51PM China Zheshang Bank plans to raise around US$1 billion from a Hong Kong initial public offering as early as the fourth quarter of 2015, according to sources in a Wall Street Journal report. read more
Briefs: ANZ global appoints corporate advisory leader, syndicated loans drop 03 July 2015 4:13PM ANZ has appointed Martin Hanrahan as global head of corporate advisory. read more
Foreign news: PayPal buys Xoom, China warned by World Bank, and more 03 July 2015 4:11PM Paypal is to acquire online international cash transfer business Xoom for US$25 a share. read more
Foreign news: Greece re-opens banks, Japan Post finance to float, Indian bank mergers continue, BNP 02 July 2015 3:52PM Greece's finance ministry said 1,000 bank branches have re-opened until the end of the week to cater for pensioners who do not use cash cards for ATMs. read more
Briefs: Chifley Securities lends $300m, ING points to decline in ATM use 02 July 2015 3:52PM Six months after its launch, non-bank commercial property lender Chifley Securities said it had written A$300 million in loans, and that its initial lending pool of $480 million had grown to $700 mill.. read more
Briefs: ASIC payday case thrown out of court, Call for FSI implementation, ANZ appoints new UDC CEO, 01 July 2015 3:37PM The Federal Court has dismissed legal action brought against two payday lenders by the Australian Securities and Investments Commission. read more
Foreign news: China trumps the West in global bank rankings, Moody's rates Indian banks, China Bank 01 July 2015 3:36PM Three of the top five banks in the world are now Chinese, according to a list of 1000 institutions by capital strength published by The Banker. read more
Briefs: ANZ awarded a Thai banking licence, Australia a big AIIB stakeholder, Summerhayes to leave S 30 June 2015 3:52PM Thailand's Ministry of Finance has awarded ANZ a full banking licence, which will allow it to upgrade its presence from a representative office to a subsidiary and transact in local currency. read more
ADVERT: Top tips from CBA and P&N Bank to grow business improvement success in financial services 30 June 2015 6:00AM Shane O'Connor, General Manager Group Productivity at Commonwealth Bank of Australia and Erik Fenna, Chief Information Officer at P&N Bank share a number of quick tips and detail key strategic per.. read more