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There was "considerable doubt" over Provident Capital's "integrity to obtain, manage or hold money from the public" a Federal Court ruled in a judgement delivered verbally three weeks ago but only p.. read more

National Australia Bank may finally earn a return on a speculative, 17-year old investment in a technology company, if a decision by the US Court of Appeals stands. read more

Credit card fraud is an increasing problem for banks and merchants, with the incidence rising by more than a third over 2011. read more

The major banks will have to wait for some time to learn of APRA's plans regarding what additional measures it will adopt as yet another regulatory caravan rolls by in the form of D-SIBS. read more

Cash rates are 1.5 percentage points lower than they might otherwise be because of the elevated cost of funds faced by banks, says Phillip Lowe, the deputy governor of the RBA. read more

National Australia Bank yesterday lifted its at-call rates and some term deposit interest rates on deposits marketed through its UBank brand, a move somewhat against the trend. read more

AmBank Group in Malaysia will buy specialist credit card firm MBF Holdings and its Atox Cards and Jastura businesses for 623 million ringgit (A$192 million). The price agreed by AmBank - an associat.. read more

Plaintiffs in an action against Great Southern Finance and Bendigo & Adelaide Bank failed in an attempt to revise their claim and further delay the trial, which is due to start on September 17. read more

One of ANZ's early investments in China looks stranded, with the bank announcing yesterday that it will not support a capital raising for Bank of Tianjin. read more

The Federal Court late on Tuesday confirmed the appointment of Philip Carter, Tony Sims and Marcus Ayres from PBB Advisory as receivers of Provident Capital, a Sydney-based finance company. The cour.. read more