APRA pulls leash on foreign banks

The banking regulator is cracking down on uneven and in some cases non-compliant disclosure by foreign banks on the caution they give to customers regarding the protection of their deposits. read more

UK exits soaks up NAB capital

National Australia Bank is using its need to prop up the capital of its stressed UK subsidiary as the rationale for a wider capital raising, planned to produce A$5.5 billion in new capital. read more

Comment: Credit growth taxes banks

Periods of lacklustre credit growth often morph into strife in banking, and it's interesting to observe this playing out in the form of lower margins across Australia's dominant banks. read more

Esanda sale needed to release capital

ANZ plans to sell its Esanda finance business principally to release capital for the group, Shayne Elliot, the bank's chief financial officer, told an investor briefing yesterday. read more

ANZ Asian profit 'unhelpful'

ANZ's statutory profit in Asia is superficially one of its best yet, equivalent to 16 per cent of group profit in the half year to March 2015. This is up from 14 per cent in the prior half. read more