Comment: NAB sails Asian streams 14 June 2016 4:17PM Australia's settled banking oligopoly approaches unfamiliar waters in coming weeks, with the deep engagement of the sector with 2016 electoral politics bound to trigger advanced strategic plotting aro.. read more
NAB dragged into Federal Court over swap rate allegations 08 June 2016 4:24PM The Australian Securities and Investments Commission has commenced legal proceedings against National Australia Bank in the Federal Court in Melbourne, alleging "unconscionable conduct and market mani.. read more
Comment: 'Unconscionable' NAB third ASIC BBSW target 08 June 2016 4:22PM The allegations are two-sided in ASIC's latest legal action, its third against a major Australian bank, for "unconscionable conduct and market manipulation in relation to National Australia Bank's inv.. read more
Global lenders crowded out by Chinese banks 08 June 2016 4:13PM Banks in mainland China are becoming an increasingly important source of international bank credit, at the same time as international banks scale back their own lending to Chinese entities. read more
Banks are 'toast' unless they innovate, says Narev 06 June 2016 3:59PM Hedge funds cajoling peer-to-peer lenders into challengers made a long list of threats to traditional banks enumerated by Commonwealth Bank chief executive Ian Narev in a speech last week. read more
Royal commission would 'look closely' at vertical integration 03 June 2016 3:54PM Economists as well as lawyers are likely to be included on any panel established for a royal commission into banking and finance, Andrew Leigh, Labor's shadow assistant treasurer, said yesterday. read more
Auswide dangles cash at mutuals 03 June 2016 3:51PM Queensland bank Auswide is lobbying mutual ADIs to consider a takeover along the lines of its recent consolidation of Queensland Professional Credit Union. read more
Greens call for 'breaking up the banks' 01 June 2016 4:15PM In readiness for the upcoming federal election, The Greens yesterday unveiled a banking policy that echoes Labor's populist bent toward the sector. read more
Suncorp hires CIO from Medibank 31 May 2016 4:13PM Sarah Harland will join Suncorp as its chief information officer from September. She will be the third woman on a ten strong executive group. read more
Comment: Credit card issuers dodge zero interchange 30 May 2016 4:10PM Reserve Bank payments system reformers might be climate change deniers too, or at any rate enthusiasts for glacial change. read more