103

There is still "no clear framework for loss absorption" during a wind-up or resolution of a failing bank, S&P says. Though APRA have said there will be no statutory bail-in power at all, this is a.. read more

Yet another restructure is on the horizon for BNK Banking Corp, a minnow striving for acclaim amid the neo-bank limelight. read more

This morning (in part via the AFR) banks and the market have a heads up from the IMF that the APRA and RBA-driven hard U-turn in mortgage credit (and most of all for investors) are finally wearing bla.. read more

Drastic measures are called for by one of Australia's largest mutual banks, in research on housing affordability for those workers in this bank's newest target market, in the healthcare and emergency.. read more

It may take consumers as long as ten days to reach second base in a quest to switch their bank account to a new provider, guidance on the governance of "open banking" reforms shows.Operation of a pilo.. read more

A hefty rise or even a widening in the levy on banks' liabilities may yet be a hot chance for next week's budget. And definitely following any change in government in May.Josh Frydenberg is under pres.. read more

The credit union and mutual bank love affair with SocietyOne and other marketplace lenders has drawn a stern caution from APRA.S&P, on the other hand, find virtue in diversifying risk in the secto.. read more

The Financial Review has the story on an alleged "girls' club" obstructing the careers of younger women in finance this morning, and it's a corker. Graeme Samuel, the former ACCC boss and himself a le.. read more

Open banking enthusiasts can expect most and maybe all four major banks to be lined up for the first major milestone around consumer data rights in the middle of this year. read more

The SMSF leverage data is worrying, worse than when David Murray reported.The policy decision - LRBA stays within SMSFs - is one motivated by the worry over the credit slowdown. Josh Frydenberg is the.. read more