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Margin recovery and record loan volumes have propelled Queensland-based Auswide Bank to a higher-than-expected interim profit. read more

Bank of Queensland’s share price rallied strongly on Tuesday after institutional investors swung behind the planned $1.32 billion buyout of ME Bank. read more

Macquarie Bank, HSBC and other mid-tier banking providers could be forced to reconfigure their newly-minted single network debit cards after the Reserve Bank publishes the findings of its payments rev.. read more

ME Bank is paying dividends at last, and “adjustment payments” will raise the cost to BOQ. read more

Industry funds are set to part ways with ME Bank as negotiations for a sale of the business continued on Wednesday with the Bank of Queensland. read more

Industry-wide job culling and negative returns from managed investments helped to drive a slide in the operating performance of the Finance Sector Union, which has now embarked on a restructuring prog.. read more

National Australia Bank scrip outperformed other major banks on Tuesday after the country’s largest business lender said it enjoyed an earnings recovery during the December quarter. read more

ANZ is stepping up its program to reduce its branch footprint across Australia after confirming it will close another 19 outlets in coming months. read more

For almost two decades Commonwealth Bank scrip has been the standout selection for retail and institutional investors in the listed banking sector, but the recession and declining interest rates now a.. read more

Macquarie Group scrip rallied strongly on Tuesday after the investment bank issued a better-than-expected trading update for the December 2020 quarter. read more