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Kiwi banks are moving swiftly to reprice deposit and loan products in New Zealand after the country's central bank lowered its official cash rate. read more

Citigroup Pty Ltd, the principal operating entity of the American banking giant in Australia, has reported a slide in full year profit after almost no loan growth and a spike in operating costs. read more

Economists are more divided over the likely direction of monetary policy following the Reserve Bank's decision to keep official rates on hold at its May board meeting. read more

ME Bank is continuing to deepen its exposure to the home loan broker market after securing a listing on Mortgage Choice's national lending panel. read more

Another wave of mortgage price cutting could erupt as soon as today with several leading economists forecasting an official rate move by the Reserve Bank following its May board meeting. read more

Bank Australia is hoping to lower its cost-to-income ratio after announcing it had become the first domestic authorised deposit taker to source all of its electricity through renewable sources. read more

Catholic Super has moved to quell uncertainty surrounding the future of its banking business after it revealed details of a plan to "joint venture" its superannuation operations with Equip Super. read more

Delinquencies at Genworth rose by 8 per cent over the March quarter. read more

ING Australia is on track to surpass ANZ as the fourth largest deposit taker within the next decade. read more

ANZ's underperformance in the consumer banking market worsened in March as depositors shifted more of their savings and transaction accounts to other banks. read more