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
Settlement anticipated in ANZ Oswal row 19 August 2016 3:53PM A long running legal wrangle between ANZ and wealthy Indian couple Pankaj and Radhika Oswal may have reached the state of an in principle settlement, or so the Financial Review and AAP reported late y.. read more
A new look next week for Banking Day 18 August 2016 4:12PM From next week, for a third time at the website of Australia's best industry news service, we shed our skin and take on a new look. read more
Moody's cites vigilant banking regulation in confirming Australia's credit rating 18 August 2016 4:11PM Measures by Australian regulators to mitigate "the probability and reduce the negative consequences of a potential downturn in housing" feature as one of the reasons for Moody's Investors Service.. read more
Stirrers tip banking tribunal into political mix 17 August 2016 4:21PM Some form of "tribunal" to consider grievances and possibly compensate bank customers is under discussion, at least on the back benches of Australia's governing Liberal and National parties. read more
NAB stuck in the red after three quarters 16 August 2016 4:41PM The margin narrowed, the impairment charge lifted and the cash profit fell as well at National Australia Bank over the June 2016 quarter. read more