Bendigo and Adelaide on the hybrid bandwagon 25 September 2012 4:22PM Bendigo and Adelaide Bank will pay a dividend rate of between 500 and 550 basis points over the 180-day bank bill swap rate to investors in a new issue of convertible preference shares. read more
Liberty prices ABS 25 September 2012 4:16PM Liberty Financial has raised A$150 million through a securitisation of auto loans. read more
Bathurst BOQ branch manager says the banks let him down 21 September 2012 4:30PM When Russell Gardiner put together his business plan for the launch of Bank of Queensland's Bathurst branch, he drew on advice from BOQ executives about the competitiveness of the bank's products a.. read more
UBank plays the three-card trick 21 September 2012 4:25PM UBank has announced that its three, six and 12-month term deposit rates have been increased by between 10 and 22 basis points. read more
Australian banks can withstand a housing crisis, says Moody's 19 September 2012 5:01PM Australia's major banks have sufficient earnings capacity and capital to absorb direct housing loan-related credit losses, says Moody's Investors Service. read more
Chronican renews his team 19 September 2012 4:53PM ANZ has filled a gap in its Australian leadership team with the appointment of Matthew Boss as managing director for products and marketing. read more
Early termination fee report card: lenders can do better 19 September 2012 4:49PM Lenders are running the risk of having their mortgage early termination fees declared unconscionable by not keeping adequate records, by calculating costs on a portfolio basis and by failing to red.. read more
Cash Store Australia restructures to meet payday lending rules 19 September 2012 4:47PM Short-term lender Cash Store Australia closed 10 stores during the June quarter, as it adjusted to the Government's new payday lending rules. read more
BOQ projections were unrealistic, franchisees claim 18 September 2012 5:08PM Bank of Queensland's decision to enter the New South Wales market, in 2003, using a franchised branch business model was based on superficial business analysis, overly optimistic projections and a f.. read more
CBA not out of the Storm yet 17 September 2012 5:11PM Commonwealth Bank has finally got the result it wanted when, in 2009, it entered into mediation with customers who borrowed money to invest with Storm Financial. The corporate watchdog has dropped i.. read more