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The chief executive and one of his key lieutenants at Eftpos Payments are moving on to other ventures. Bruce Mansfield announced his departure yesterday after seven years at the helm of Eftpos Payment.. read more

Westpac, the principal industry perp regarding 'easy to obtain' and (in APRA's view) oversupplied interest-only loans has reduced the flow sharply, the bank's June 2017 quarterly update shows. read more

Marketplace lender MoneyPlace is skipping along in loan originations, much of its funding flowing through its new controlling shareholder, Auswide Bank.Auswide's contribution to funding for MoneyPlace.. read more

MyState, a bank with a national market share of around one quarter of one per cent, passed "an important milestone" during the year, "as loans outside Tasmania increased to more than 50 per cent for t.. read more

An improved, and for now stable, net interest margin helped lift the operating profit for Bendigo and Adelaide Bank over the second half of its financial year, and for once light up the bank's share p.. read more

The New Payments Platform "is likely to start off small", Philip Lowe, governor of the Reserve Bank of Australia, said on Friday. Commonwealth Bank may be missing alongside Westpac. read more

With a one per cent share of the home loan market, mortgage growth in the order of 20 per cent and a cost to income ratio unmatched in the industry, AMP Limited continues to look to its banking arm fo.. read more

The corporate watchdog will raise pointed questions on the timeliness and sufficiency of disclosures - or lack of them - by Commonwealth Bank over its compliance record on anti-money laundering matter.. read more

There are a flurry of negatives among what is no more than a notional record profit for Commonwealth Bank for 2017, to pile on top of its money laundering mess. read more

Two asset sales and a move to full ownership of Aussie Home Loans dot the full year profit for Commonwealth, none disclosed before yesterday's results announcement. read more