Kelly turns metaphysical on cross-selling 03 November 2011 6:03PM Gail Kelly, the most tightly scripted of bank chief executives, allowed herself a moment of poetic fancy yesterday when she offered her vision of the "nirvana of banking". It turns out that the ulti.. read more
MF Global local operations in administration 02 November 2011 5:47PM Australian subsidiaries of the New York broker, MF Global, entered voluntary administration yesterday. Deloitte announced that it had been appointed administrator of MF Global Australia Ltd, MF Glob.. read more
Home lenders quick to cut rates 02 November 2011 5:45PM Commonwealth Bank and Westpac, which control 54 per cent of the home loan market between them, responded immediately to the news of a 25 basis point cut in the cash rate yesterday by announcing they.. read more
ACCC delays finding on CBA's Count Financial takeover 02 November 2011 5:39PM The Australian Competition and Consumer Commission has extended its review of Commonwealth Bank's proposed acquisition of Count Financial. The ACCC was due to announce its findings on November 3 but.. read more
RMBS pricing keeps ticking up 01 November 2011 5:33PM The cost of issuing residential mortgage-backed securities continues to rise for second-tier institutions. In the latest deal, Bendigo and Adelaide Bank paid 130 basis points over the one-month bank.. read more
One Big Switch introduces 2000 borrowers 01 November 2011 5:27PM The home-loan group buyer One Big Switch says it has introduced about 2000 of its 40,000 registered borrowers to a lender. read more
Lending is Macquarie's strong suit 31 October 2011 5:31PM Macquarie Group's lending and leasing activities were the biggest contributors to group income during the six months to September. read more
Analysts expect NAB to maintain the momentum 31 October 2011 5:27PM National Australia Bank will continue to take market share away from its rivals in the retail and business banking markets, according to sell-side analysts. read more
Clyne sticking to long-term strategy 28 October 2011 6:14PM National Australia Bank chief executive Cameron Clyne is determined not to "short term the business" in response to mounting regulatory, funding and competitive pressures. Clyne said yesterday that.. read more
NAB results at a glance 28 October 2011 6:13PM National Australia Bank's net profit for the year to September was $5.2 billion - up 23.6 per cent on the previous year. Cash earnings, the bank's preferred measure, were up 19.2 per cent to $5.5 bi.. read more