RedZed sweeps up ME business 05 December 2016 5:12PM Melbourne non-bank RedZed Lending Solutions has bought ME's run-down business banking portfolio. read more
Bank customers first in Italian line to lose all 05 December 2016 5:10PM There is a high degree of probability (approaching 90 per cent) that Italy will experience a severe banking crisis in the next few quarters, John Maudlin asserted in a lively Saturday newsletter. read more
Low profits, excess dud loans: European banks on the mend 05 December 2016 5:08PM More than one third of European countries have banking bad loan ratios of more ten per cent. Capital is better than it was, but profits are weak. read more
ANZ takes the fight to Albert with BladePay 02 December 2016 4:43PM Reshaping the user experience of payments is a prominent priority in banking, one that finds ANZ tinkering with a merchant terminal that borrows heavily on the models of others. read more
RBNZ considers further macroprudential measures 01 December 2016 4:49PM Although more stringent lending standards by banks in New Zealand are mitigating a number of concerns over industry stability held by the regulator, the Reserve Bank of New Zealand may be edging close.. read more
Business lending growth at a two-year low 01 December 2016 4:46PM Growth in business lending has fallen back to its lowest level in two years, with the annual growth rate now stuck below five per cent. read more
Insurance broker caught forging premium loan applications 01 December 2016 4:45PM The Australian Securities and Investments Commission has permanently banned an insurance broker who submitted forged insurance premium loan funding applications. read more
Comment: California handset rivalries eclipse obstinate Aussie banks 30 November 2016 5:35PM Google versus Apple. Android Pay versus Apple Pay. Apple, helped by the ACCC, lives to fight on in the Australian payments landscape. read more
NAB GM warns of speedy monetary default 30 November 2016 5:27PM Let bankers loose on a public hearing and they get to talk banking.At the Carnell inquiry into small business lending, NAB's general manager of group strategic business services, Tim Williams, dished.. read more
EU TLAC train rolls on 28 November 2016 5:09PM More capital, more bail-ins, more EU funding for a banking bailout fund, more work outs and more industry funding for bank recoveries. Next to no call on the public purse. Living wills in force for ba.. read more