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Commonwealth Bank will look for reputational and marketing returns from its decision to allocate A$50 million to a "compassionate fund" which will make partial insurance payouts to CommInsure custom.. read more

IMB reported a mild improvement in profit in the December 2010 half year, a period in which a willingness to lend to customers was offset by customer efforts to build savings. read more

Impaired loans at Bank of Queensland climbed by A$100 million, or 70 per cent, over the three months to November 2010, the quarterly disclosure document from the bank shows. read more

It has taken National Australia bank nine weeks to sort out the payment processing mess that dogged the bank in late November 2010. read more

In 2009, ANZ management flirted with the type of conduct the ACCC considers a more stringent law on price signalling would apply to, competition watchdog chair Graeme Samuel told the Senate's econom.. read more

Zero application fees on home loans - one of the long-standing price gimmicks used by banks to stir up demand - will soon be a thing of the past. read more

More than two years after limiting investor withdrawals on the Challenger High Yield Fund, the fund manager now proposes to return 20 per cent of capital to remaining unit holders and to convert the b.. read more

Mitsubishi UFJ Financial Group is studying possible bank and wealth management business buys in Asia, Australia and the United States, NTD reported on Friday. read more

Australian soft drink giant Coca-Cola Amatil has made a rare sale of Australian corporate bonds to the offshore retail market, raising $175 million. read more

Long-standing RBS China chief Charles Li will move to run ANZ's Chinese operations. read more