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The six basis point levy that has so aggravated the five banks and their industry association is ho-hum and no burden to those banks in accessing a recently cultivated corner of the capital market. read more

Illawarra's banking champion IMB Bank is scouting for more merger partners, with the A$6 billion bank likely to consolidate on its improved reach in Sydney. read more

The unresolved threat of the loss of its core business model by regulatory fiat is little barrier to the tale of growth and warm financial metrics that underpins the 2017 full year profit for Mortgage.. read more

The inevitable class action directed at Commonwealth Bank, following AUSTRAC's allegations on compliance matters and money laundering, is out of the gate. read more

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

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

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

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

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

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