'Most' banks pass Basel III monitoring 12 September 2014 3:58PM The Basel Committee on Banking Supervision published the results of its latest monitoring exercise late yesterday, Australian time. A total of 227 banks participated in the study, comprising 102 Group.. read more
High Court rules against 'mutual trust' in CBA redundancy case 11 September 2014 4:11PM The Commonwealth Bank of Australia has successfully appealed to the High Court of Australia against an order made by the Full Federal Court on 6 August last year. read more
PPPs or P3s, project finance remains well short of targets 11 September 2014 4:06PM Governments around the world are using public-private partnerships, or 'P3s', to develop and maintain public infrastructure. read more
Aussie reports record mortgage settlements 05 September 2014 4:05PM Several very busy months, during which its brokers wrote more than A$1.3 billion in loans, have seen Aussie post record home loan settlements for the 2014 financial year, growing 18 per cent to A$17 b.. read more
Big Four banks losing ground on super cross-sell 05 September 2014 4:02PM Each of the Big Four banks is having difficulty cross-selling superannuation to their customers. This is the main message from a recent Roy Morgan Research report, which indicated the major banks are.. read more
Perth law firm remains central to action against CBA 05 September 2014 4:01PM The Supreme Court of Western Australia has cleared the way for a Perth legal firm to represent three groups of investors taking action against the Commonwealth Bank of Australia and a group of financi.. read more
ANZ's goMoney turns $100 billion 04 September 2014 4:27PM The ANZ's mobile-to-mobile payment application, goMoney, has hit A$100 billion in transactions. Launched in 2010 it has, according to the bank, more than 1.4 million users, with an average of one mill.. read more
Unhappy Banker loses out to CBA 04 September 2014 4:24PM The personal finances of Geoffrey Shannon, founder of activist group Unhappy Banking, have been dealt a blow by a Full Federal Court judgment handed down in Sydney last Friday. The Court dismissed Sha.. read more
ANZ tops regional syndicated loan tables 04 September 2014 4:23PM Thomson Reuters monthly syndicated loan league tables for the month to 31 August have ranked ANZ in top spot among mandated loan arrangers (ex-Japan) for the Asia-Pacific region. read more
NAB closes first USD covered bonds deal since May 04 September 2014 4:22PM National Australia Bank mandated its offshore banks overnight on Tuesday, Australian time, to launch a new covered bond issue and by yesterday morning had closed a US dollar-denominated transaction. read more