ANZ back in covered bond market 03 May 2013 12:43PM ANZ provided a reminder of the tightening spreads on wholesale bank debt overnight, with the sale of €1 billion in seven-year covered bonds at a spread of 17 basis points over mid-swaps. read more
Bendigo and Adelaide buys another small mortgage book 02 May 2013 4:17PM Bendigo and Adelaide Bank will provide a safe exit for debenture investors in another Victorian debenture company. The bank said yesterday that it had "agreed to buy the loan book" of HD&C Secu.. read more
Beirut Hellenic's customers have a few anxious moments 02 May 2013 4:15PM The Cypriot heritage of Beirut Hellenic Bank had some impact on the bank's retail deposits in March, when the crisis in the troubled Mediterranean economy was at its peak. read more
Genworth loss ratio lifts 02 May 2013 4:12PM Losses on home loans chipped away at the earnings of mortgage insurer Genworth Financial in the March 2013 quarter. read more
Investment pays dividends for ANZ 01 May 2013 5:09PM ANZ is reaping the benefits of its many long-running investments in business improvement in Australia, New Zealand and Asia, with the bank justifying a rise in its dividend payout ratio on the promi.. read more
Industry bond not sticky enough for Tartan CU 30 April 2013 4:47PM Tartan Credit Union, one of the few remaining mutuals with a bond to industry, has proposed a merger with Select Credit Union in Sydney. read more
Underwriting profit falls for QBE LMI 29 April 2013 5:01PM A doubling in the claims ratio helped slice the underwriting profit for QBE Lenders Mortgage Insurance last year. read more
More soft loans on offer for farmers 29 April 2013 5:00PM Government-sponsored rural lenders will have access to a further A$60 million in funding from the Australian government, made available in a bid to address the politics of a supposed shortfall in pr.. read more
CEFC return target only three per cent 26 April 2013 5:07PM Investors and lenders in renewable energy projects may find themselves working alongside, or in competition with, a public sector financier which has a very modest mandate. read more
ANZ's Bangalore hub not for sale 26 April 2013 5:06PM ANZ is committed to ownership of its global hubs and IT has "not had any discussions about our Bangalore hub with Wipro Ltd about a possible sale", says the bank. read more