B of A expecting more from QBE for Balboa 07 February 2011 5:43PM How much QBE Insurance Group will pay Bank of America for the insurance assets and liabilities of Balboa Insurance Company, and the rights for QBE to sell insurance to Balboa customers, is something.. read more
10 per cent of electronic payments over the internet 07 February 2011 5:35PM While there is much speculation over how rapid the growth in online shopping is - especiall from offshore suppliers - the data supporting this view is patchy, a commentary published on Friday, by th.. read more
NAB takes razor to home loan rates 03 February 2011 5:27PM National Australia Bank plans to step up its efforts in the home loan market in coming days, by pushing discounted pricing through its UBank brand. read more
Floods immaterial to Genworth 03 February 2011 5:15PM Flooding in south-east Queensland and elsewhere has affected only four per cent of home loans over which Genworth Financial provides mortgage insurance to lenders. read more
Finance workers three times more productive than average 02 February 2011 5:45PM The financial services industry is the second-most productive industry in Australia, analysis by the Grattan Institute suggests. read more
Little value in RHG remnants 02 February 2011 5:38PM RHG attracted no real bids for the remnants of its declining home loan business, the firm advised the ASX yesterday. But it will still proceed with its planned distribution of capital to investors. read more
Deposit growth canters along 01 February 2011 5:28PM The pace of deposit growth at banks picked up in late 2010, a result perhaps of fading demand for credit, as well as efforts across the sector to increase the level of funding from this source. read more
NAB leads asset growth in 2010 01 February 2011 5:25PM National Australia Bank reported above-system growth in business loans and home loans across 2010, the only one of the four major banks to do so, monthly data from APRA shows. read more
Credit aggregates weak across 2010 01 February 2011 5:23PM Business credit continues to decline. It fell 0.3 per cent in December 2010, following a fall of 0.1 per cent in November, the RBA said in its monthly financial aggregates published yesterday. read more
Problems recur 9 to 5 for NAB 01 February 2011 5:21PM National Australia Bank lost internet banking early yesterday, with one early report putting the blame on log-in problems. read more