127

The Supreme Court of Victoria yesterday approved a settlement reached in draft form two months ago between Bendigo and Adelaide Bank and borrowers who invested in certain agricultural managed investme.. read more

The Finance Sector Union said ANZ bank had rejected its proposals "to settle the enterprise bargaining talks and pay staff the increases earned in 2014." read more

Last week, Chief Justice Tim Carmody of the Supreme Court of Queensland ruled in favour of the Commonwealth Bank of Australia, finding that husband and wife investors Gildo and Antonetta Dalle Cort ow.. read more

A securitisation of prime residential mortgages originated by MyState Bank and The Rock Building Society is being shown to institutional investors, and has been given preliminary ratings by Standards.. read more

Former NAB Wealth executives Steve Tucker and Paul Heath have launched Koda Capital, an investment and financial advice company they say will offer commission-free independent advice. read more

Optus Business will manage many of Suncorp's IT services, including voice, contact centre, data networks, and international and transaction services, the telco announced yesterday. read more

Australia's largest corporate borrowers are diversifying their sources of funding, with bonds a particular favourite at the moment, especially with interest rates in Europe set to "negative". read more

The effects of innovation, while disruptive, have the potential to deliver large-scale efficiency benefits, notwithstanding costs associated with adjustment for industry, the final report of the Finan.. read more

Comprehensive credit reporting laws in Australia are starting to have a visible impact on consumer banking customers, with an announcement by Citi that it will offer discounted personal loan or credit.. read more

Wayne Green, whose appointment as BNP Paribas' Hong Kong based head of loan syndicate and sales for Asia was announced this week, sees a segment of the banking market that is continuing in very much a.. read more