D-SIB standard to be made clear

The Australian Prudential Regulation Authority said it would publish "the key elements of its methodology" for assessing domestic systemically important banks, or D-SIBs, by the end of the year. read more

Acceptable UK returns elude NAB

Eighteen months ago National Australia Bank opted for a restructure of its UK banking arm that David Thorburn, the UK chief executive said "will reduce the risk profile of the business and deliver ret.. read more

Credit licensing compliance checked

Word on the need for a credit licence is still filtering through to lenders and brokers, more than three years after the policy became law. The annual review of the Australian Securities and Investm.. read more

Planned profits suit ANZ

ANZ hit many financial targets and provided a robust defence of the progress of its strategy in Asia in its annual profit announcement, which was released yesterday. It is a result that defies the.. read more

'Asian ROE as high as 25 per cent'

Scepticism over the level and sustainability ANZ's returns from its operations is a long-running theme of this newsletter's coverage of the bank, and a view beginning to find an airing among influen.. read more

Board renewal spurs mutual mergers

APRA still "does not have a view on the 'right' size of the credit union industry or the 'right' number of credit unions", APRA chair John Laker told an industry convention yesterday. read more

Genworth doing better

The asset quality issues of lenders that have bugged the earnings of mortgage insurer Genworth in Australia are starting to improve, while new business levels are also improving. read more

Hamstrung Bendigo looks ahead

Mike Hirst, managing director of Bendigo and Adelaide Bank, used the bank's annual general meeting yesterday to outline some issues the bank wants addressed at the forthcoming financial system inqui.. read more