Brief: Six submit a scheme application 20 December 2018 5:49PM Six professional associations have agreed to work together to submit a code monitoring compliance scheme application to ASIC. read more
Briefs: Mega Kiwi credit union on the cards, McDermott departs RBNZ 19 December 2018 5:16PM Five of New Zealand's credit unions have signed a conditional Heads of Agreement to merge. read more
Foreign news: Fintech VC investments boosted, ATM numbers in decline, US banks allergy to risky cons 19 December 2018 5:14PM Global venture capital investment into the fintech sector this year has already reached US$30.8 billion, up from $1.8 billion in 2011. read more
Shareholders set to lock horns with NAB board 18 December 2018 5:33PM Institutional shareholders are poised to strike down National Australia Bank's remuneration report at what is expected to be a fiery annual meeting in Melbourne on Wednesday. read more
New Zealand messes with Aussie banks 18 December 2018 5:32PM BNZ needs A$5 billion in capital. ANZ needs $8 billion. Westpac will get away with closer to $2 billion. Commonwealth Bank and ASB have not said much yet on the 16 per cent core capital about to be ne.. read more
Briefs: Norman PERLer, Westpac and NAB may flip on ApplePay, Qantas ditches S&P, Beaumont back to NZ 18 December 2018 5:28PM The latest Commonwealth Bank issue is the parking lot for some of the cash of the estate of retail tycoon Ian Norman. read more
Foreign News: Tide rushes in 18 December 2018 5:26PM UK digital business bank Tide reached 56,000 SME customers, accounting for one per cent of the UK's 5.6 million SMEs. read more
Brief: ANZ's Ohlsson to take a break 14 December 2018 5:34PM Fred Ohlsson, who has been group executive for ANZ Australia since early 2016, is stepping down from his current role to take an extended unpaid career-break in his native Sweden. read more
Westpac's remuneration draws a heavy first strike 13 December 2018 5:39PM Westpac's annual general meeting, held in Perth, was a mixture of contrition on the part of CEO Brian Hartzer and chairman Lindsay Maxted and passive aggressive behaviour from many shareholders who vo.. read more
Briefs: RBNZ needs more funding and announces new assistant governor, ANZ's unwanted insurer deliver 13 December 2018 5:37PM Appearing before a select committee yesterday, the Reserve Bank of New Zealand executive team said the regulator was short 15 staff in its team that undertakes banking regulation. read more