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The activist shareholders in RHG Group have succeeded in securing the agreement of the existing board to appoint three new directors. read more

The long-standing use by banks of the poverty line as a proxy for living costs is the subject of a fresh, but sceptical, review by a team of Merrill Lynch banking analysts. read more

Neither the network of 44 Yellow Brick Road branches nor its four established, though unrelated, financial services' businesses are generating much cash for the group, which is on the verge of a bac.. read more

The board of RHG Group has changed tack and will maintain an ASX listing following the planned selective share buyback that will be considered at a special meeting after Easter. read more

The risk management practices of banks and other big buyers of electricity are under the spotlight, with a couple of them seeking intervention from the energy regulator to compel electricity supplie.. read more

At some stage on Friday night, National Australia Bank resolved its payment processing blunder from Thursday night, but the bank still suffered a barrage of disdainful public commentary that undermi.. read more

As with the extended payments processing dramas at National Australia Bank in November and December last year, the bank opened a hundred branches on Saturday to cater to the needs of customers aggra.. read more

Superannuation funds will pay a levy of two cents per $100 to cover the A$55 million in compensation the Federal Government will pay in connection with losses arising from the failure of Trio Capita.. read more

Two markers of a long-term shift in the pattern of the payments market are evident in the monthly payment card data for February 2011 compiled by the Reserve Bank of Australia, with the diminishing.. read more

The market for asset-backed securities has an almost boom-time air about it, with the last week's record-breaking flow being followed by yet more new issuance. read more