Little leeway on liquidity reforms 07 May 2013 4:51PM The bank regulator will make few changes to its earlier draft prudential rules for managing liquidity risk, with the industry being required to adopt the new liquidity coverage ratio from January 20.. read more
Super deposits remain 'unstable' for liquidity rules 07 May 2013 4:49PM Banks will not be able to treat deposits from self-managed superannuation funds as "stable" under the latest version of the prudential rules on managing liquidity risk. read more
Banks must model demand for RBA backstop 07 May 2013 4:47PM Banks will have to project the extent of their reliance on the planned committed liquidity facility (CLF) with the Reserve Bank of Australia that the industry will use, if necessary, to overcome an.. read more
Rams helps Westpac increase deposit share 07 May 2013 4:44PM Westpac's Rams brand has attracted A$1.8 billion in deposits since its launch in May 2012 - A$600 million of that in the six months to March 2013. read more
Businesses won't borrow and won't pay 07 May 2013 4:42PM The outlook for demand for business credit remains worse than dour, if two periodic surveys, from Dun & Bradstreet and credit insurance broker NCI, are any guide. read more
Bank of Sydney in business 06 May 2013 4:45PM Beirut Hellenic Bank - the former Laiki Bank Australia - aims to cultivate a wider target market with a change of name. The bank will trade as Bank of Sydney from today. read more
Westpac managing like its 2006 06 May 2013 4:40PM The shareholder-friendly consequences of the pricing power of dominant banks was on display in Westpac's half-year profit, released on Friday, with the bank opting for a special dividend that will l.. read more
WIB under pressure 06 May 2013 4:38PM An increased appetite for corporate lending from reinvigorated banks in the northern hemisphere may put a brake on returns for wholesale banks in Australia. read more
Low return Macquarie stands by its model 06 May 2013 4:13PM Glimmers of improvement in the financial performance of Macquarie Group's more intractable businesses in the last half of its financial year are being viewed by management as grounds to stick with a.. read more
No rush on Genworth float 03 May 2013 4:33PM Genworth Financial is taking a flexible view on the timing of its planned float of a 40 per cent stake in its Australian mortgage insurance business. read more