Banks ordered to fix their story on BBSW 23 August 2016 4:23PM Three banks fending off ASIC allegations of bank bill swap rate market manipulation have been told to co-operate with each other and the corporate regulator to agree on a statement of facts. read more
AFMA slaughtered in US BBSW claim 23 August 2016 4:22PM In a claim being mounted by a trio of US investment interests, the language is uncompromising and the analysis rough for the reputation of the Australian Financial Markets Association, while Australia.. read more
NAB makes profitable exit from CIIT 22 August 2016 4:22PM National Australia Bank has sold half of one of its few Chinese investments, the Financial Review reports.China Industrial Bank, the trust's major shareholder, disclosed the sale. Fujian Energy Group.. read more
Turnbull takes a tribunal turn 22 August 2016 4:21PM The Australian government may be bending toward an idea promoted by stirrers on its own backbench who have pushed for a form of banking "tribunal" to consider customer grievances.The Financial Revie.. read more
ASIC discovery 'tip of BBSW iceberg' 22 August 2016 4:19PM The plaintiffs in a new, and US centred, class action directed at five Australian banks and more than a dozen other defendants on allegations of manipulating short term interest rate benchmarks have.. read more
Trifecta of stressors knocks five Australian banks' ratings 19 August 2016 4:20PM Moody's Investors Service yesterday revised the rating outlooks of five banks in Australia, including all major banks, to negative from stable. read more
A reformed model for Banking Day 19 August 2016 4:03PM Folks, a shift in approach is at hand for the Banking Day morning newsletter. read more
Winds favourable for AMP Bank 19 August 2016 3:59PM A return to lending growth at AMP Bank over the last six months has gone hand in hand with a further improvement in its net interest margin and a lift in the return on equity. read more
Card not present fraud surge a foreign affair 19 August 2016 3:58PM Payments fraud classed as "card not present" has increased by more than 50 per cent over two years and by more than 20 per cent over the last year, the latest compilation of data by the Australian Pay.. read more
US hedge funds speculate on second rate rigging class action 19 August 2016 3:56PM Five Australian banks are among 18 defendants named in a lawsuit brought by a pair of US hedge funds that centres on allegations of manipulating short term interest rate benchmarks. read more