Paul Brock calls it quits at Kiwibank 23 August 2017 3:59PM Paul Brock, chief executive of Kiwibank, will leave at the end of the year.Profits at the bank have been constrained, and the progress of an overhaul of its core technology systems (to an SAP core, mo.. read more
Eftpos chiefs go mobile 22 August 2017 3:46PM The chief executive and one of his key lieutenants at Eftpos Payments are moving on to other ventures. Bruce Mansfield announced his departure yesterday after seven years at the helm of Eftpos Payment.. read more
IO supply choked by Westpac 22 August 2017 3:41PM Westpac, the principal industry perp regarding 'easy to obtain' and (in APRA's view) oversupplied interest-only loans has reduced the flow sharply, the bank's June 2017 quarterly update shows. read more
Auswide peers at margin options 21 August 2017 3:36PM Marketplace lender MoneyPlace is skipping along in loan originations, much of its funding flowing through its new controlling shareholder, Auswide Bank.Auswide's contribution to funding for MoneyPlace.. read more
NSW reach tests MyState profit 21 August 2017 3:35PM MyState, a bank with a national market share of around one quarter of one per cent, passed "an important milestone" during the year, "as loans outside Tasmania increased to more than 50 per cent for t.. read more
Margin works for Bendigo and Adelaide 15 August 2017 3:47PM An improved, and for now stable, net interest margin helped lift the operating profit for Bendigo and Adelaide Bank over the second half of its financial year, and for once light up the bank's share p.. read more
Slow start for NPP 14 August 2017 3:52PM The New Payments Platform "is likely to start off small", Philip Lowe, governor of the Reserve Bank of Australia, said on Friday. Commonwealth Bank may be missing alongside Westpac. read more
AMP doubles down in banking 11 August 2017 4:10PM With a one per cent share of the home loan market, mortgage growth in the order of 20 per cent and a cost to income ratio unmatched in the industry, AMP Limited continues to look to its banking arm fo.. read more
A continuous crisis for CommBank 11 August 2017 4:08PM The corporate watchdog will raise pointed questions on the timeliness and sufficiency of disclosures - or lack of them - by Commonwealth Bank over its compliance record on anti-money laundering matter.. read more
Shrinking and reeling in Narevworld 10 August 2017 4:34PM There are a flurry of negatives among what is no more than a notional record profit for Commonwealth Bank for 2017, to pile on top of its money laundering mess. read more