Australian Islamic finance gains traction 28 March 2018 5:31PM Proponents of Islamic finance in Australia have been heartened by proceedings in the Royal Commission into banking misconduct, hoping it has pushed the door slightly more ajar for arrangements such as.. read more
CBA clears c-suite ahead of Comyn's arrival 27 March 2018 5:59PM CBA has announced the departure of three more top level executives as part of its leadership transition, with Ian Narev moving on, and Matt Comyn moving up. read more
ING musters record customer growth, set for rapid growth 27 March 2018 5:56PM ING Australia is set to announce a statutory net profit after tax of A$348 million for 2017, equating to an 18 per cent rise on the previous year's results. read more
Customers' gambling woes prompt credit card re-think for CBA 23 March 2018 6:27PM The royal commission into misconduct in banking moved to the final consumer credit topic to be addressed - credit card lending - and kicked off with a case study of a gambler whose habit was fed by in.. read more
ANZ's car finance business booked in for a major overhaul 23 March 2018 6:02PM ANZ's general manager of small business banking, Guy Mendelson, was called on to explain to the royal commission on banking misconduct how fraudulent actions of a few car dealers came to be tolerated.. read more
Car dealers' profit share too good to stop: Westpac 22 March 2018 6:40PM Westpac entered the Royal Commission, moving into the murky world of car loans, and the role car yards play in generating fat margins for themselves and business bankers. read more
Corporate China dominates APAC club loan market 22 March 2018 5:58PM The syndicated and club loan market in Australia and New Zealand - and indeed much of the Asia Pacific (excluding Japan) - has come to a grinding halt, based on Thomson Reuters year to date APAC stati.. read more
Sustained market power signals more depth needed 21 March 2018 5:54PM Productivity Commission chairman Peter Harris outlined some of the key themes from the interim findings of the Productivity Commission's inquiry into competition in the financial system at the ASIC an.. read more
ANZ pushed pre-approved unsolicited overdrafts 21 March 2018 5:48PM The banking royal commission has heard that reasonable steps to verify information and assess whether a credit contract or overdraft facility was suitable or unsuitable for a customer were ignored on.. read more
Rebuild trust through professionalism, warns ASIC chair 20 March 2018 6:08PM New ASIC chairman James Shipton, six weeks into his new job, welcomed delegates to the regulator's annual forum with an analytical tone in contrast to the strategic speech that might have been deliver.. read more