Freelancer pushes deeper into payments

Freelancer.com has secured regulatory approval to offer transaction services in Australian dollars through its global custodial payments arm. The ASX-listed company is already one of the leading inter.. read more

China tensions hang over CBA's insurance sale

CBA boss Matt Comyn has taken another step towards simplifying the business operations of the country's largest bank after offloading the group's minority stake in a Chinese life insurance joint ventu.. read more

HSBC Australia posts record profit

HSBC has consolidated its position as a top ten bank in the Australian market after a sharp fall in funding costs pushed the local business to a record full year profit. read more

Arab Bank shrinks Aussie balance sheet

Jordanian banking giant, Arab Bank Plc, pumped an additional A$25 million of equity capital into its Australian banking arm last year as it embarked on a program to shrink its balance sheet. read more