Banks pause for terms of PC probe

A proposed new public inquiry into the banking industry has a theme, political backing, a start date and an end date - but no genuine terms of reference yet. read more

Arch devours LMI fruit and Genworth entrails

Arch Capital Group is the rising titan of the Australian capital market, and jostling for claims as risk decision-maker-in-chief in a hyperventilating mortgage market. Westpac and Macquarie Bank are o.. read more

Macquarie corresponds returns with reputation

When fronting investment types at the end of last week, Macquarie Group's CEO Nicholas Moore and CFO Patrick Upfold, conformists both, didn't tell much of any story on a 2017 full year result that fit.. read more

'Below system - No problem' at NAB

National Australia Bank expects to have pared back its interest-only lending to within APRA's 30 per cent cap by the last quarter of the year, managing director Andrew Thorburn said yesterday. read more

Mortgage strife concentrates for Genworth

Mortgage delinquencies managed by insurer Genworth Australia nudged higher over the three months to March 2017 quarter and have crept up by around one quarter over the last year or so. read more