Commercial lending remains in reverse 17 April 2012 4:34PM The level of new lending to business continues to fade from its mid-2011 peak, with commercial lending declining by eight per cent in February 2012. read more
ME Bank dances to NAB tune 16 April 2012 5:07PM National Australia Bank is directing the communications strategies of its client ME Bank. On Friday, NAB prevailed on ME Bank to resist routine interviews with business media on its refinancing of a.. read more
Bank capital needs equal to 15 months' profit 16 April 2012 5:03PM The banking industry worldwide needs to set aside the equivalent of 15 months' profit to meet target capital requirements under the Basel III regime, a new study from the Bank for International Sett.. read more
NOHCs needed to cater to trans-Tasman strife 16 April 2012 5:01PM Australasian banks need to separate their main businesses either side of the Tasman into subsidiaries of a non-operating holding company, an academic group proposes. read more
ANZ catches up on rates 16 April 2012 5:00PM ANZ overcame the timidity of its initial foray into price leadership in the home loan segment on Friday, with a rise of six basis points in its variable rate home loans and business loans. read more
Convenience working for ATM owners 13 April 2012 4:13PM Convenience works for ATM owners as they claw back A$5 million in fees for "wrong" ATM use. read more
Insurance captive in run off at Wide Bay 11 April 2012 4:43PM Wide Bay Australia is to wind down its captive mortgage insurance business and source all its insurance from external providers, according to an investor presentation lodged with the ASX yesterday. read more
Lotus legacy lives on at Westpac 11 April 2012 4:40PM Westpac has postponed the implementation of a "single messaging and collaboration system". read more
Bank profits in the slow lane 05 April 2012 4:58PM ANZ reminded investors yesterday that returns will be lower and growth slower in the future as higher capital ratios and the increased cost of funds drag on bank profits. read more
Trans-Tasman banking and currency union mooted 05 April 2012 4:53PM The harmonisation of banking regulations and a common currency are talking points in an issues paper published by the Productivity Commissions of both Australia and New Zealand yesterday. read more