Ombudsman calls for better dispute resolution 17 November 2011 5:45PM The Credit Ombudsman Service has called on its members to do more to publicise their internal dispute resolution services, after finding that almost half the complaints it receives from consumers ha.. read more
CBA out of favour with analysts 17 November 2011 5:44PM Sell-side analysts took a stick to Commonwealth Bank yesterday, after reviewing its September quarter earnings update. While only one investment bank, Citi, downgraded CBA to a "Sell", most analysts.. read more
Regionals struggle to produce sustainable return on equity 16 November 2011 5:30PM The build-up in capital adequacy by Australian banks in anticipation of new regulatory requirements is having a much bigger impact on the returns of regional banks than on the majors, a new report s.. read more
Mortgage Choice looks for diversification 16 November 2011 5:28PM One of Australia's biggest home loan brokers, Mortgage Choice, is accelerating its push into new market segments to counteract the impact of weak demand for mortgages. read more
ANZ makes progress with private banking overhaul 16 November 2011 5:26PM When Justin Greiner left the boutique finance company Greenway Capital in 2008 to join ANZ Private Bank, he found a business that wasn't working. Each private banker was expected to look after 300 c.. read more
Citibank ready to go the distance 15 November 2011 5:10PM When the financial crisis hit in 2008, Citibank was one of the banks that pulled back from the retail lending market. Now, with funding costs emerging as an issue once again, the bank's management i.. read more
ING RMBS pricing shows funding costs on the rise 14 November 2011 5:59PM The cost of wholesale funding in one sector of the domestic debt market is rising steadily, a trend emphasised by the price attained by ING Bank (Australia) on its second sale of residential mortgage-.. read more
What the analysts say: Higher liquidity has its price 14 November 2011 5:42PM Credit Suisse analyst Jarrod Martin suggests that higher liquid asset holdings could be making banks more sensitive to market volatility. read more
Banks to stick with 'dilutionary' DRPs 11 November 2011 5:18PM Banks' management of their dividend reinvestment plans (DRPs) came in for special attention during the results briefings of the past couple of weeks. Analysts questioned the wisdom of issuing new sh.. read more
Home-buyers on a diet 10 November 2011 5:59PM Falling house prices and consumers' reluctance to borrow has shown up in a reduction in the average home loan size. read more