Firstmac prices RMBS 21 August 2012 4:51PM Lender Firstmac has completed the sale of an issue of residential mortgage-backed securities supported by a large proportion of low-doc and no-doc loans. read more
ANZ scores triple bottom line 21 August 2012 4:49PM ANZ has scored the trifecta: it is ranked lowest among the Big Four banks in the latest Roy Morgan Research retail customer satisfaction survey and in Roy Morgan's business customer survey, and in t.. read more
Platforms drive super cash to AMP Bank 17 August 2012 4:56PM AMP's banking division generated significantly higher cash account and term deposit inflows through superannuation funds than through retail distribution during the June half. read more
Margin calls spike, investors head for the exit 17 August 2012 4:53PM The high level of volatility in the Australian equity market in the June quarter has prompted more investors to close their margin loan accounts, with the result that the number of client accounts i.. read more
Firstmac back with low doc RMBS bond 17 August 2012 4:50PM Lender Firstmac has launched its second issue of residential mortgage-backed securities in the past few weeks. read more
CBA's ROE takes a dip 16 August 2012 5:10PM The big surprise in Commonwealth Bank's financial report delivered yesterday was the fall in return on equity. While most analysts had correctly predicted that the bank's cash profit would come in a.. read more
Funding pressures persist as demand stirs 16 August 2012 5:09PM Commonwealth Bank chief executive Ian Narev has forecast a modest pick-up in mortgage and business lending in the coming financial year, but he warned that the cost of funds is increasing faster tha.. read more
ANZ and CBA contracts put some gloss on a dull result for SAI Global 16 August 2012 4:58PM Contracts with ANZ and CBA have put some gloss on a dull result for SAI Global. read more
High Court hears banks fees submissions 15 August 2012 6:07PM The High Court has started hearing submissions to have the bank fees class action include a wider range of fees. read more
Financial services industry lags on gender equality 13 August 2012 4:45PM Women working in the financial services industry believe their employers are not open about remuneration policies and pay parity. Nor do they believe they see women's advancement as a priority. read more