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One route to lowering banking industry costs needs to be more widely accepted. Offshoring jobs is arguably a progressive measure as well as a rational business reform. read more

Patrolling financial markets may be no part of the job of the Reserve Bank of Australia, Luci Ellis, head of its financial stability department, said yesterday. read more

Global banking giant Citi admits that it is "dwarfed" by major banks in Australia. read more

Partnerships are needed to build global capability, Julian Potter, head of Citi's consumer bank in Australia, said yesterday. read more

Australia's benign interest rate environment will persist, providing conditions that are mostly favourable for banks. read more

Interest rates on personal loans are becoming an arena of sharp competition, forcing one lending newcomer to respond to price leadership. read more

A two year pay deal between National Australia Bank and its staff is ready to proceed to a vote. If passed, the deal will see NAB paying the highest "floor rates" of any big bank, the Finance Sector U.. read more

ANZ was the only bank to respond yesterday in a detailed way to a provocative analysis of the industry's reported capital adequacy. read more

Australian banks may have exaggerated their capital buffers and relied on implausible comparisons with the capital strength of offshore banks, according to a critique by John Watson of Margate Financi.. read more

An independent review of Commonwealth Bank's analysis of its capital base finds that there is too little data disclosed to repeat the calculations and thus rely on the bank's interpretation. read more