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The number of consumers abandoning credit cards has accelerated this year. read more

A pointless study will find that banks and credit unions did not gouge their customers after the 1 October official rate cut. The across-the-board slide in net interest margins supports such a fin.. read more

Only 9 per cent of global fund managers retain exposure to the local banking sector. read more

ANZ Bank is under pressure to cut its final dividend after it revealed another blowout in customer remediation costs. read more

The eyes of many fund managers and stock market analysts are zooming in once again on ASX glamour stock Afterpay following the resignation of longstanding executive director, David Hancock. read more

Around 2000 staff employed in HSBC's Australian banking business are waiting for the company to clarify the local impact of a global cost reduction program that was flagged to British news outlets on.. read more

The government's silence on Labor's call to increase the major bank levy might be an indication that it is considering hiking the rate to preserve its revenue take. read more

National Australia Bank is the latest to join the swelling ranks of lenders offering residential mortgages at under rates under 3 per cent. read more

The banking aspirations of listed payments provider iSignthis Ltd are up in the air after regulators on Wednesday announced a suspension of trading in the company's ASX-listed shares. read more

Margin pressure has dictated the pricing responses of the major banks to the Reserve Bank's latest 0.25 per cent official rate cut, with none of the market leaders delivering more than 15 basis points.. read more