Briefs: Bendigo MIS, Amex growth better, Treasurers unhappy, EBA stress tests and more 17 October 2014 4:40PM American Express saw "improved growth" in total billings in Australia and Korea over the year to September 2014 along with "very strong volumes in China," the company said yesterday. read more
Bank super turf battle nothing new 16 October 2014 5:30PM "There is a growing level of scale and expertise within the industry funds to move into investment territory once the exclusive domain of the banks - namely debt and greenfield infrastructure finance.. read more
Weaklings GWB and NAB waltz with Wall Street 16 October 2014 5:30PM The IPO timetable ticked by with Great Western Bank proving a hard sell for National Australia Bank. read more
Community Sector Banking thriving 16 October 2014 5:29PM Community Sector Banking "now provides banking services to more than 8600 organisations and is growing at a rate of 15 per cent a year", executive director Peter Quarmby declared in a media release ye.. read more
FP Turbo ABS sputters 16 October 2014 5:25PM A reworking of the FP Turbo Trust 2007-1 (Australia) will lead to a small fry asset-backed sale by Fleetpartners. read more
Briefs: Future Fund trims debt investments, Mortgage Choice approvals up, Paypal changes terms 16 October 2014 5:23PM Australia's Future Fund trimmed its debt investments over the second half of its financial year. read more
Profitless growth for Gateway CU 14 October 2014 4:39PM Gateway Credit Union may have been one of the fastest growing banks in Australia over the last year, with a rise in loans and assets in excess of 11 per cent over the year to June 2014. Risk weighted.. read more
Greater yields Magin benefits 14 October 2014 4:38PM Modest loan growth was no impediment to a decent rise in profit in the swansong year for Greater Building Society chief executive Don Magin. read more
Derivatives stay agreed by 18 G-SIBs 13 October 2014 4:49PM Eighteen global banks have agreed to sign a new "resolution stay protocol" developed between the International Swaps and Derivatives Association and the Financial Stability Board. read more
Comment: Bonus pain falls wrong way at NAB 10 October 2014 5:03PM The miasma of NAB's global banking portfolio is getting a tidy-up, and that is certainly to be applauded, even if some of these adjustments were already flagged in NAB's 18 August third quarter update.. read more