St George sales trail Westpac

Westpac's multi-brand strategy is struggling to differentiate its operations from those of the core retail bank brand, if the few financial metrics shared with investors are any guide. read more

Coles breaks GE payments shackles

Wesfarmers will go it alone in the Australian credit market under its Coles brand, after opting to buy out GE Capital's 50 per cent share in a longstanding joint venture. read more

Broker AFG launches A$140 million IPO

Australia's largest mortgage broking group, Australian Finance Group, yesterday lodged a prospectus for an initial public offer and listing on the Australian Securities Exchange. read more

NAB rethinks pricing options

National Australia Bank may be looking to lift margins on many core products as its searches for a story that will convince investors to reconsider their analysis of the bank. read more

Black days in payments for Australia Post

A critical piece of payments infrastructure has been sidelined for days, raising questions over the management effectiveness of Australia Post, two subsidiaries of which are at the centre of the strif.. read more

Mutual IT maestros plan merger

Two technology services companies that count mutual ADIs as their principal clients are negotiating a merger. The pair are Sydney-based Transaction Solutions and Adelaide-based Data Action. read more

Markets will demand more bank capital: Stevens

More capital to underscore the resilience of the banking system is "likely to be demanded by the market", while "there's generally not much doubt about which way the world is moving," Glenn Stevens, g.. read more

Deutsche to deleverage

Germany's Deutsche Bank overnight outlined details of a shake up of its business that centres on its European roots. read more