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The "vast majority" of banks and other participants in the foreign exchange market are expected to agree and adhere to a Statement of Commitment regarding the FX Global Code, released last night. read more

A new A$200 million securitisation-ready warehouse from National Australia Bank is setting up zipMoney for a foray into the asset-backed debt market, but not soon. read more

To lift their risk adjusted capital ratios by 100 basis points, each major bank would need to generate, on average, A$6 billion in capital, S&P said yesterday. read more

A myriad of smaller financiers and fringe firms are gearing up for a lobbying campaign to block or reset the proposed "one stop shop" for dispute resolution.Six industry associations covering hundreds.. read more

"Uuhmmm, we're not too sure that we, or some other banks we know well, will be able to easily find the most reliable data on that", a handful of banks have more or less told the banking regulator, whe.. read more

Navigating fraught terrain, S&P Global Ratings yesterday spared all the major banks and six lesser Australian banking names from its epic ratings downgrade that embraces 23 entities, most ADIs and.. read more

Around a dozen mutual banks or credit unions, including one ASX listed bank, find their debt securities ineligible for use in repurchase operations with the Reserve Bank of Australia as of yesterday,.. read more

The four or five or more Australian and foreign banks that will be made to pay the planned liability levy will shell out, in aggregate, no less than the A$6 billion the Australian government (with pop.. read more

Suncorp Bank pivoted its business mix toward household lending over the March 2017 quarter as it pared back total lending to sensitive business sectors. read more

A couple of tactics by larger banks to unsettle the debate over the liability levy unveiled in this month's federal budget may be working, with key voices in Canberra echoing the industry's arguments... read more