NAB patent folly flops

An idiosyncratic investment of National Australia Bank has come to an end, crushed by a unanimous decision of the Supreme Court of the United States. read more

Financial deepening bypasses banks

Australian banks can expect the equivalent of US$166 billion in new corporate financing business to be fulfilled by the debt capital market over the next five years, Standard & Poor's conclude in.. read more

Europe ripe for bank attack

Europe stands out as the region that will experience the highest constraints on bank lending, Standard & Poor's said in a new study. read more

JB Were profit only $10m

JB Were had "revenue of approximately A$150 million and costs of approximately $140 million in 2013", Paul Heath, a former CEO of JB Were, disclosed in evidence to the Fair Work Commission. read more

Cashcard, ACCC to give ATM deal 10 more years

An application by Cashcard to continue an agreement with three credit unions and two banks not to charge each other's cardholders a fee for transactions at their respective ATMs for ten years has been.. read more

CEFC saved a second time

The Clean Energy Finance Corporation will remain in business a little longer yet, after the Senate voted down a bill to abolish the financier yesterday. read more