ABC pans ASIC: Elliott left off ANZ rate rig list 14 December 2018 5:45PM The ABC has asserted that Federal Court documents show the bank's current chief executive, Shayne Elliott, at one stage took a far more active role in plans to manipulate the BBSW in 2010 than has bee.. read more
Westpac AGM showcases shareholder discontent 13 December 2018 6:00PM Westpac's AGM involved a wide ranging discussion on topics as far apart as climate change and new accounting standards for loss provisioning in the lead-up to the very heavy first strike against th.. read more
Avoka leaps to Temenos 13 December 2018 5:41PM The mid-sized Australian banking technology company Avoka is to be acquired by Geneva-headquartered banking software company Temenos for US$245 million. read more
Macquarie Group given positive outlook by S&P 12 December 2018 4:40PM Major ratings agency Standard and Poor's revised their outlook on Macquarie Group from stable to positive on the back of the group's move to a simplified structure, and the absence of any adverse test.. read more
BOQ banker becomes a cash convert 07 December 2018 5:45PM Bank of Queensland has lost another of its top executives with the resignation yesterday of Brendan White, group executive BOQ Business, to take up a role as CEO of payday lender Cash Converters. read more
Banking all mobile 07 December 2018 5:43PM Market research firm Roy Morgan has found that a rapid rise in mobile phone banking has caused an equally large fall-off in bank branch visits, although branches are still valued by high-income househ.. read more
CUA challenges banks on digital 07 December 2018 5:19PM Australia's largest credit union, CUA, is continuing its push into digital banking with a new personal banker instant messaging app. read more
Sutton resigns as BOQ chief 06 December 2018 5:17PM After six years with Bank of Queensland, its managing director and chief executive officer, Jon Sutton, has resigned to focus on his long-term health. The move follows his triple heart bypass operatio.. read more
AFCA one month on: more complaints, faster decisions 06 December 2018 5:16PM Pitched as a "one-stop-shop for financial dispute resolution," the Australian Financial Complaints Authority has started its first month of operations strongly, turning enquiries into complaints and f.. read more
More costs, more regulation for 2019 05 December 2018 5:52PM The bank sectors in Australia and New Zealand - and indeed regionally and globally - can look forward to another 12 months of flat earnings, tightening credit conditions and stricter application of pr.. read more