Moody's warning over structured interest rates and RMBS 24 February 2016 6:16PM The decline of Euribor, the European interbank lending rate, to a rate below zero poses risks to a handful of Australian structured finance deals, warns Moody's Investors Service in a short report pub.. read more
Hamilton quits APCA for Africa 23 February 2016 5:42PM Chris Hamilton, the long-serving chief executive officer of the Australian Payments Clearing Association, the payments sector's peak body, is to leave the organisation "in early May" this year. read more
Prudent regulation, low risk appetite boosts Australian banks: S&P 23 February 2016 5:33PM The credit profiles of Australia's Big Four banks remain steady, amid counter-balanced emerging forces of regulation and low risk appetite, Standard & Poor's Ratings Services said in a report publ.. read more
Bank Bill Swap Rate calculation to be re-set 23 February 2016 5:31PM Guy Debelle, the Reserve Bank of Australia's assistant governor for financial markets, has outlined the domestic reforms on setting the principal interest rate benchmark in Australia, the bank bill sw.. read more
Asset backed loan defaults set to rise in 2016 23 February 2016 5:30PM Moody's Investors Service has warned that delinquencies and defaults among Australian motor vehicle loan backed securities are set to move higher in 2016. read more
Fitch comfortable with NZ majors' milk and mortgage risks 17 February 2016 5:18PM Fitch Ratings has affirmed the ratings of New Zealand's four major banks: ANZ Bank New Zealand, ASB Bank, Bank of New Zealand and Westpac New Zealand. The Outlook on their respective long-term issuer.. read more
ANZ alleged to have 'incentive to default' ex-Landmark borrowers 17 February 2016 5:15PM Sydney barrister Peter King is calling for a royal commission into the provision of small business loans in Australia, along the lines of the Defence Abuse Response Taskforce, because of what he calls.. read more
Bendigo tweaks a few corporate reporting lines as execs depart 16 February 2016 5:31PM Bendigo and Adelaide Bank's managing director wrapped up his set-piece half year results presentation yesterday by explaining how the bank's corporate structure had been rearranged, and that there was.. read more
Oxfam challenges Big Four over land grab funding deals 16 February 2016 5:30PM The Australian arm of world-wide development organisation Oxfam has followed up an earlier report on the role of Australia's Big Four in funding some very doubtful enterprises in Asia, and the news.. read more
Customers would ditch bank for unethical behaviour 16 February 2016 5:29PM Nearly half of Australians surveyed would consider changing banks if they became aware that the bank was behaving unethically, according to a new Oxfam Australia poll released yesterday. read more