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Litigation funder IMF (Australia) will defer until later in the year, or even until 2012, decisions on whether to fund class actions against any banks other than ANZ over penalty fees charged on eve.. read more

A new assessment of the level of the "unbanked" in Australia puts the proportion of the population excluded from access to everyday financial services at 0.8 per cent. read more

Lloyds International recorded a loss before tax of A$1.82 billion in the year to December 2010, with impairment charges climbing as the bank covered the costs of separating its corporate banking bus.. read more

Foreign bank branches reported their most profitable quarter since mid-2009 in the final quarter of 2010, data published by the Australian Prudential Regulation Authority shows. read more

Financial comparison website iSelect has quickly found a use for the A$30 million investment it received from a US private equity firm two months ago: ploughing the funds into a takeover of three ni.. read more

The quarterly disclosure document for one of Westpac's two banking arms in New Zealand provides a window into the profit margin earned on one segment of wholesale banking activities, and which exceeds.. read more

The viability of franchised branches, or "community banks", of Bendigo and Adelaide Bank featured in The Age once again at the weekend, with a partial analysis by one researcher reaching different c.. read more

The Reserve Bank of New Zealand estimated Christchurch home insurance firm AMI had net assets of between NZ$200 million and negative NZ$1 billion following the February earthquake in an assessment p.. read more

"Cash out" at Eftpos is making gains as a supplier of cash for everyday use, a trend that may be contributing to a decline in the number of automatic teller machines. read more

Scheme debit is faring a little better than Eftpos as a payment method of choice in early 2011, with the value of payments growing faster than for the domestic Eftpos scheme for the third month in a.. read more