ANZ executive suits Westpac

A second ANZ-linked executive is on the move to Westpac, to work in the latter's financial services business under the leadership of Brian Hartzer, the former Australian CEO of ANZ. read more

Legacy loans leave BOQ in the red

Bank of Queensland will miss its projected net profit for the second half of 2012 by between $20 million to $25 million thanks to a further top up of provisions and refunds to customers because of w.. read more

Business as usual at ANZ

ANZ outlined a five-year investment program for its domestic business yesterday that serves as a reminder that amid the job-shedding and cost-cutting there remains scope for banks to refashion servi.. read more

OIS swap a treasury favourite

Banks and other intermediaries are tending to the management of their short-term interest rate risks more energetically, if the annual compendium of data on market activity from the Australian Finan.. read more

Deposit insurance fee canvassed by regulators

The Council of Financial Regulators studied the introduction of an explicit deposit insurance levy on banks, building societies and credit unions over the last couple of years, documents released un.. read more

High arrears persist in WA

Arrears on home loans in Western Australia seem stuck at relatively high levels at a time when arrears in Queensland, New South Wales and Victoria are on the mend. read more