NAB protects business bank margins 09 May 2014 3:36PM There are some tentative signs of improving business confidence, although credit demand is yet to respond, according to National Australia Bank's chief executive, Cameron Clyne, at the release of the.. read more
Examining the lenders of last resort role 08 May 2014 4:16PM Among the panel discussions and presentations made in conjunction with the Financial System Inquiry workshop organised by the Centre for International Finance and Regulation was a presentation by Bob.. read more
Payments lost to fraud allowed to stand 08 May 2014 4:11PM The High Court has unanimously held that two companies, Hills Industries and Bosch Security Systems, will not be required to repay monies to Australian Financial Services and Leasing, even though AFSL.. read more
Harte's farewell letter to staff explains outages, uptime and empathy 05 May 2014 4:28PM In a note to his staff last Friday, Michael Harte, the Commonwealth Bank's chief information officer, said he wanted to let them all know of the reasons he'd decided to leave the CBA. read more
Comment: ANZ's Asian success re-opens takeover rumours 02 May 2014 4:08PM The first half of 2014 may prove to be ANZ's most impressive half-year result to date, not least for the profitable contribution from its Asian operations. read more
ASB and Xero streamline B2B payments 30 April 2014 4:50PM Commonwealth Bank of Australia's New Zealand subsidiary, ASB, has worked with online accounting software provider Xero to streamline business-to-business payments and other data flows across 30,000 ac.. read more
Mid-caps, banks and retail investors can kick start bond market 28 April 2014 3:48PM Australia's capital markets lack balance, particularly in regards to debt funding for mid-market businesses and mid-cap listed corporates, according to Mark Paton, chief executive of FIIG, the country.. read more
Pepper fires back over 'sub-prime' allegations 28 April 2014 3:44PM Suggestions made last week that Pepper Australia's A$500 million securitisation of non-conforming mortgages was comparable to US sub-prime instruments that triggered the financial crisis has drawn fir.. read more
Contract law trumps Code of Banking Practice's 'vague obligation' 23 April 2014 3:40PM The Supreme Court of Queensland has disallowed one Bank of Queensland borrower's defence that BOQ was negligent in providing a loan to him, but has allowed his wife the chance to run a defence of negl.. read more
FIIG closes first kangaroo deal 11 April 2014 4:01PM Earlier this week, FIIG Securities closed its first 'kangaroo deal' - a A$55 million bond issue for New Zealand credit and financial risk insurer CBL Corporation. Although it is the first time F.. read more