Slow response the surprise for NAB 29 November 2010 6:22PM Had NAB resolved the Wednesday night payments processing mess on Thursday the importance of the episode would be much more muted than it is proving to be. read more
Three sucked into ASIC Storm 29 November 2010 6:17PM Three banks must defend allegations of running an unregistered investment scheme following the collapse two years ago of Storm Financial. read more
Armoured car contracts referred to ACCC 29 November 2010 5:08PM The Transport Workers Union is encouraging the ACCC to look into breaches by major banks of enforceable undertakings relating to their collective buying of cash carriage services, The Age reported. read more
ANZ prefers Systematics to Hogan 26 November 2010 5:46PM Seven years after buying National Bank in New Zealand, ANZ is ready to drop one of its two core banking platforms and proceed with the better of two. read more
Pooled funding works for ME Bank 25 November 2010 7:12PM The latest financial data for Industry Super Holdings and its ME Bank arm differs as usual on the assets though not on the earnings of the group and its banking arm. read more
Cross-bench lines up with Greens on banks 25 November 2010 7:09PM The Greens' bank agenda is also - if there was ever much doubt - the agenda of all independents in the House of Representatives. read more
Securency sale confirmed by RBA 24 November 2010 5:32PM Securency, a problematic maker of substrate used in the production of plastic banknotes, and half-owned by the Reserve Bank of Australia, is up for sale. read more
Swan on song over mutuals 23 November 2010 5:38PM Mutual banks are getting an unusual share of publicity, all of it free, from the recent shifts in the banking debate.Over recent days, Wayne Swan, Australia's Treasurer has become spokesperson-in-chie.. read more
Hana beats ANZ to KEB 23 November 2010 5:36PM Hana Financial Group may be about to beat ANZ to a controlling stake in Korea Exchange Bank, and is close to agreeing to paying US$4.1 billion, from US private equity firm Lone Star. Local and inter.. read more
Poor pricing and high costs at centre of banking problem 22 November 2010 6:32PM The inability of banks to turn housing finance into a genuine commodity product offered at a progressively lower cost is a key theme of a new analysis of the Australian banking industry by the Whitl.. read more