BBSW derivative beats Libor 16 May 2018 4:50PM The 3-month or 6-month tenor is the better choice as a reference rate for financial products, the Reserve Bank of Australia said yesterday. read more
House prices likely to be hit by Hayne fallout 16 May 2018 4:46PM The risk of a further tightening in lending standards "has more of an implication for house prices, than it does for the outlook for consumption," Guy Debelle, deputy governor of the Reserve Bank of A.. read more
Brief: Kiwi executives may face grilling 16 May 2018 4:39PM New Zealand's financial sector bosses, including the top executives of the Big Four-owned banks, may be hauled in front of a select committee. read more
Briefs: Banks make way for property lending platforms, RESIMAC's new RMBS issue, Kiwibank division g 15 May 2018 4:06PM A survey of banking professionals for real estate finance brokers Stamford Capital shows 40 per cent of respondents believe APRA's lending constraints will force major banks will further tighten lendi.. read more
AD: OPEX Week 2018 15 May 2018 8:10AM The 14th Annual OPEX Week Australia taking place 26-27 July 2018 in Sydney, has been designed to explore case studies and applications of process excellence with a focus on not just end-to-end proce.. read more
The crunch hitting hard 14 May 2018 3:36PM It's going to be massive, the pain in banking. The credit crunch is breaking for crisis.Housing prices are turning toward freefall, with discounting the only real option for vendors in a market now at.. read more
Owners hound AMP 14 May 2018 3:34PM The blistering vote of 61.5 per cent against the remuneration report at its AGM on Friday is the measure of the duress ahead for AMP. read more
NZ regulator gives 'banking culture' warning to Big Four 11 May 2018 4:39PM The New Zealand directors of subsidiaries of the Big Four Australian banks have been put on notice by the new Reserve Bank of New Zealand governor to ensure they are acting in New Zealand's interests.. read more
Brief: Labor's Shorten takes aim at big banks 11 May 2018 4:31PM Last night, Australian Labor Party leader Bill Shorten gave his Budget reply speech, which included a pledge to "ensure justice for people who have been ripped off by the banks." read more
CBA settles with ASIC over BBSW misconduct 10 May 2018 4:15PM Commonwealth Bank has reached an in-principle agreement with ASIC to settle legal proceedings in relation to manipulation of the Bank Bill Swap Rate. read more