Fast-growing NAB pays capital penalty

With National Australia Bank's release of its third quarter "pillar 3" disclosure on Wednesday, it is possible to undertake a comparative analysis across the Big Four banks and Macquarie Bank. Such.. read more

Credit and equity investors divide on banks

The divergent horizons of credit and equity markets were on show last week, with credit spreads on bank debt securities widening in concert with trends on debt pricing worldwide. At the same time th.. read more

For the banks, this crisis may be different

Financial markets may be superficially exhibiting a degree of stress reminiscent of the later months of 2008, but in reality the credit markets are not functioning badly and Australia's large banks.. read more

Markets spread Greek pain

Financial markets in Europe opened yesterday morning to the news that after seven hours of talks among EU finance ministers on Sunday aimed at avoiding a Greek default and a resulting domino effect.. read more

US might learn to like souvlaki

Standard & Poor's has become the first of the major credit rating agencies to move on the credit ratings assigned to the US. On Monday, S&P changed the outlook on the AAA rating assigned to.. read more

BNP sells the Australian story

BNP Paribas found investors over the last week for several instalments of the French banking giant's debt - a reminder of how rare it now is for a money centre bank to actively market Australian dol.. read more

Liberty returns after a year

Liberty Financial last week returned to the mortgage backed securities market after an absence of more than a year. Liberty last issued in April 2009, selling A$600 million of prime RMBS divided amo.. read more