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There is "no clear basis on which to require additional capital holdings," Westpac insisted yesterday in its second round submission to the Financial System Inquiry. read more

Heritage Bank yesterday chirpily boasted that it "broke the magical four per cent barrier, offering one of the lowest advertised home loan annual percentage rates of any Australian bank." read more

"The use of default options that are carefully scoped and supported by clear objectives," is among ASIC's top suggestions as David Murray's panel moves into the second phase of its review of the Austr.. read more

The banking industry in Australia "has delivered on the four core economic functions… to a larger extent than in most comparable markets," consultants AT Kearney observe in a recently released paper.. read more

Tyro Payments chief Jost Stollman opened up in the introduction to his firm's second round submission to the Financial System Inquiry. read more

No fewer than five changes of ownership of banks in India are listed by researcher SNL Financial  as having an "undisclosed buyer", an interesting aspect of a banking market where Australia's ANZ.. read more

PayPal is the sole newbie on the Australian Payments Council, a "newly established strategic coordination body for the Australian payments industry." read more

Men rather than women are to blame for the scarcity of women in media and leadership, a mostly female crowd voted at a debate in Melbourne last night launching ANZ's Notable Women project read more

One feature of the business model behind big banks' fractured brands has become clear in recent rounds of negotiations with the Finance Sector Union over pay. read more

RBA governor Glenn Stevens surveyed rates markets in a cogent manner for the House of Representatives Standing Committee on Economics in Brisbane yesterday. read more