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ANZ chief executive Mike Smith said the bank was making good progress with the integration of the old ING Australia business into its wealth management division, but he was looking for it to start f.. read more

Commonwealth Bank continues its fall from grace with customers - the latest Roy Morgan consumer banking customer satisfaction report, released yesterday, shows an 80 basis point fall in its rating i.. read more

The Reserve Bank may have held off any change to official cash rates since November, but lenders and deposit-takers have been busy over the past five months making lots of adjustments to mortgage, c.. read more

The tide has turned in the term deposit market, with deposit takers cutting rates over the past month. read more

Despite much-publicised reductions in standard variable mortgage rates by Aussie, Mortgage House and MyRate over the past couple of months, the trend so far this year has been towards slightly highe.. read more

The board of RHG Group responded to the rejection of its buyback offer at a shareholder meeting yesterday by proposing an orderly realisation of the company's assets and wind up of the business .. read more

When ING Direct issued a press release in mid-March announcing a five per cent increase in earnings in 2010, it attributed the result to "strong growth in savings, mortgages and new customers". read more

Lenders will have to find new ways to increase the profitability of their mortgage businesses in response to a sustained reduction in housing credit growth rates, according to a mortgage industry re.. read more

Banks offering fee-free transaction accounts have defied the sceptics and are reporting strong growth in customer numbers. read more

Local institutional investors may have only limited interest in holding Australian banks' covered bonds, according to a leading fixed-income portfolio manager. read more