CFTC sets de facto rules for Libor 04 July 2012 4:22PM Amid the controversy over the fines imposed on Barclays by regulators in the UK and US over its misleading contribution to the setting of benchmark interbank rates it is easy to overlook some de fac.. read more
Second prop for Liberty securities 02 July 2012 9:00AM Liberty Financial priced A$300 million in mortgage-backed securities on Friday, the second transaction supported by non-conforming loans to make it to market this year. read more
MAS ask foreign banks to incorporate 29 June 2012 5:19PM ANZ may have to incorporate, and shift capital, to its retail banking operation in Singapore. The Monetary Authority in Singapore yesterday outlined plans to require foreign banks " that are importan.. read more
Low-doc borrowers feel the pain 28 June 2012 4:37PM Borrowers with low-doc loans, who tend to be self-employed, may be experiencing a greater than the usual level of difficulty paying their loans. read more
Innovation working in payments fraud 28 June 2012 4:34PM Security researchers McAfee say they have uncovered a form of banking fraud that employs "server-side components and heavy automation". read more
Money market funds stick with NAB 26 June 2012 4:53PM US money market funds reduced their holdings of short-term liabilities of Australian banks during May, a report by Fitch Ratings shows. read more
Increased repayments support more household debt 22 June 2012 4:48PM Four things stand out from the 2011 census that was released by the Australian Bureau of Statistics yesterday, including one surprise - that the percentage of households with a home loan has increased.. read more
SWIFT on the money with payments data 22 June 2012 4:40PM Financial flows are proving a handy, and even reliable, indicator of the present state of demand and investment in the economy. read more
RBA offers vision for retail payments hub 21 June 2012 5:05PM A retail payments hub could serve as a central database of "address" information for payees and also handle the delivery of better remittance information, the head of payments policy at the Reserve.. read more
Liquidity targets may be diluted 18 June 2012 5:09PM International industry lobbying for a watering down of the liquidity targets proposed for banks may be successful, with both rumoured and confirmed evidence of a change of heart on the part of regul.. read more