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Investment banks report little activity in the mergers and acquisitions market this year, but one business banker tells a different story. Commonwealth Bank's Symon Brewis-Weston says his acquisiti.. read more

Pepper Australia has finalised the refinancing of a portion of the A$5 billion portfolio of mortgages it bought from GE Capital last year, with the pricing of a $500 million issue of residential mor.. read more

HSBC has appointed Tony Cripps, currently chief executive of HSBC Philippines, to head the group's operations in Australia. read more

The demise of the mortgage trust industry continues, with the news this week that Australian Unity Investments is closing its Mortgage Income Trust and its Wholesale Mortgage Income Trust. read more

Commonwealth Bank's credit quality weakened a little in the September quarter, with the bank releasing a quarterly update yesterday that showed impairment expenses and impaired assets increasing duri.. read more

There is a question mark over the quality of the major banks' earnings, following the release of their 2011/12 financial reports, with some analysts suggesting that a substantial amount of revenue g.. read more

The accounts of a small mutual, Fitzroy & Carlton Community Credit Co-operative, have been qualified by its audit firm, which says the group may not be able to meet its prudent capital ratio req.. read more

The Australian Prudential Regulation Authority has released a draft of an amended prudential standard for the Financial Claims Scheme. read more

Macquarie Bank has signed an origination agreement with financial services distribution company Yellow Brick Road to develop banking and wealth management products. read more

A big question to emerge from the release of the 2011/12 financial results of three of the Big Four banks over the past two weeks is whether the higher bad debt charges they reported signal a return.. read more