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Foreign financial regulators are leaning on their Australian counterparts to smarten up aspects of their plans for intervention in the affairs of a failing bank should this occur. read more

Financial regulators in Australia may need to adapt their tool kit to respond to "sector-specific risks", a "peer review" of Australia by the Financial Stability Board recommends. read more

Commonwealth Bank will spend "an additional $100 million over the next 10 years" on community contributions and donations, the bank said yesterday - a piece of public relations intended to focus att.. read more

With The Rock Building Society in its last months as an independent financial institution, the chair of the board has used the society's final annual report to review the shortcomings of the Rockham.. read more

The Reserve Bank of Australia increased the carrying value of its half-share in Securency to A$54 million at June 2011, up from $49 million a year earlier, the  Reserve Bank of Australia's annu.. read more

Three of the city commercial banks in China that count Australian banks as equity investors reported an improvement in profit in 2010, the second annual survey of banking sector profits in China by KP.. read more

Superannuation funds and employers will need to conform to new standards on the payment of contributions and rollovers beginning in 2013 - if the timetable announced yesterday sticks and the industr.. read more

Revenue from emerging markets, including China, will account for 47 per cent of all banking industry revenue in 2020, projections by McKinsey & Company show. At present, these markets account fo.. read more

Westpac appears to have upgraded "productivity" as a business goal and downgraded strategy in changes to senior management announced yesterday. read more

Banks and payment providers will have until March 2013 to conform to the revised code of conduct relating to what the industry and regulators have ill-advisedly resolved to refer to as "ePayments". read more