Australian banks ex-Asia

Australian names are not common in Asian loan rankings as arrangers, with ANZ now in retreat and Commonwealth Bank, National Australia Bank and Westpac all lacking any regional capital markets story t.. read more

US dashes to close EMV vulnerability

The languid pace of the penetration of the US magnetic card user base by EMV cards is highlighted in a new Nilson Report study, and the slow pace of uptake to date may be why Apple Pay has missed its.. read more

PPI inflation strikes at lower band

A lower domestic interest rate structure for longer is in the offing if the latest, very low, measure of the Producer Price Index is a pointer to price stability. read more

Banks ordered to fix their story on BBSW

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

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

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

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'

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