Foreign news: Wells Fargo in the hunt for GE's US commercial lending business 21 April 2015 4:41PM General Electric is moving fast to dispose of key assets in its GE Capital division. US media reports says GE is in talks to sell its commercial lending arm in the US to Wells Fargo. Other bidders are.. read more
Briefs: CBA's passage to India, FlexiGroup launches ABS, Moody's cautions on Australian RMBS 21 April 2015 3:36PM Commonwealth Bank plans to use technology acquired through TYME to allow customers in India to open a bank account using an analog mobile phone. read more
ADVERT: Australian Financial Crime Summit 2015 21 April 2015 7:01AM Australian Financial Crime Summit 2015 read more
Briefs: Westpac's insurer returning significant capital, broker commissions bumped up, prime housing 20 April 2015 4:03PM A Westpac insurance captive, Westpac Lenders Mortgage Insurance, "continues to generate significant levels of surplus capital," Fitch Ratings said on Friday. read more
Foreign news: China cuts reserve requirement ratio, Deutsche to exit consumer banking, China suspend 20 April 2015 4:02PM China's central bank cut the reserve requirement ratio for all banks by 100 basis points on Sunday, the South China Morning Post reports. This is the second reduction in two months. read more
ADVERT: The Banking & Wealth Summit 20 April 2015 3:44PM In acknowledgement of the tremendous implications of the recent Financial Services Inquiry for the Australian banking and financial services sectors, The Australian Financial Review is proud to anno.. read more
Briefs: job shifts at La Trobe, BNP expands Melbourne office 17 April 2015 4:13PM La Trobe Financial said it appointed Randal Williams as its senior vice president. read more
Foreign news: BNY Mellon fined, 57 AIIB settled down, Indo bans foreign currency from domestic trans 17 April 2015 4:10PM The Bank of New York Mellon has been fined £126 million by the UK's Financial Conduct Authority. read more
Briefs: Mint partners with Rewardle, Suncorp's new CEO named, new interest reference rate proposed 16 April 2015 3:49PM Digital customer engagement outfit Rewardle will integrate the "card present" application from mobile payments provider Mint. read more
Foreign news: India's 'smart city' financial hub, Chinese banks under pressure, Brit SMEs spoilt for 16 April 2015 3:44PM Bankers will be encouraged into the first of the 100 so-called "smart cities" promised by India's Prime Minister Narendra Modi at a cost of up to US$1 trillion. read more