'Breakup' lifts new business at NAB 10 March 2011 5:42PM National Australia Bank's "breakup" marketing campaign is generating an increase in new business flows, the bank said yesterday. read more
Eftpos fees turn positive for banks 09 March 2011 5:44PM Banks will be expected to demonstrate they are investing in improved Eftpos services in order to continue with the revised wholesale fee arrangements that will apply from late this to year. read more
CBA recovers systems 02 March 2011 5:22PM Commonwealth Bank weathered a day of restricted customer service across key electronic banking platforms yesterday, with the nature of the strife exaggerated in florid reporting by many media outlet.. read more
Niche lenders fare better in January 01 March 2011 5:25PM HSBC and AMP are two niche lenders writing new home loans at a rapid pace, while a third, Bendigo, is showing sprightly gains. read more
HSBC in the pink 01 March 2011 5:18PM The pre-tax profit of HSBC increased 30 per cent, to US$258 million, in the year to December 2010, the annual report for the banking group published overnight shows. read more
Commercial property worsens for Lloyds in second half 28 February 2011 5:28PM Commercial property loans continue to fester for Lloyds Banking Group, which reported a doubling in impaired loans in Australia over the course of 2010. read more
Factoring features in FSA profit 28 February 2011 5:20PM Business lending, including invoice discounting, is beginning to contribute to the profit of FSA Group, a servicer of debt agreements that increasingly makes its money from lending. read more
Bank profit margins recovering well 25 February 2011 5:46PM Return on equity for the banking sector increased to 13.2 per cent in the year to September 2010, a rise from an ROE of 10.4 per cent in the year to September 2009, APRA's latest overview of the ind.. read more
Foreign banks just in the black 25 February 2011 5:45PM The 35 foreign banks operating in Australia recorded an aggregate profit of A$56 million in the September 2010 quarter, APRA data for the sector shows. read more
Tax rulings aid Customers ATM 25 February 2011 5:42PM A pair of tax rulings supported the profit of Customers Limited in the December 2010 half year, a period in which average ATM transactions declined and more competitors crowded into the market to fe.. read more