Aussie banks load up on a Brazil in deep recession 20 May 2016 4:25PM Australian bank lending to recession-hit Brazil is at record levels. Banks have A$1.35 billion at risk in a country that credit risk insurer Coface has damned as beset by strife. read more
Waning work hours a negative for bank profits 20 May 2016 4:25PM On the face of it, a two per cent lift in the number of employed people in Australia over the year to April 2016 is a good signal for banking. read more
Negative returns dog bank super funds 20 May 2016 4:21PM The old story of rivalry between industry super and banking over collective investment returns has a new ending. read more
High cost, low growth banks admit the fintech challengers 20 May 2016 4:20PM A major competitive reversal for banks is unlikely, thanks to Fintech, Moody's Investors Service concluded in an assessment of fintech themes yesterday. read more
BIS calls on regulators to be more proactive supervisors 19 May 2016 4:39PM Fragilities in the financial system remain at the front of the minds of global banking regulators, with the head of the Bank for International Settlements producing a defence of an incomplete post-cri.. read more
North Queensland mutuals agree to merge 19 May 2016 4:39PM Queensland Country Credit Union, based in Townsville, and ECU Australia Ltd, based in Cairns, have agreed to a merger, likely to occur in early 2017. read more
Aussie on the slide in FX stakes 19 May 2016 4:38PM Turnover in the renminbi in foreign exchange markets may soon vault China's currency above the Australian dollar in global FX rankings, Guy Debelle, assistant governor for financial markets at the Res.. read more
Bank union fires back on ANZ job cuts 19 May 2016 4:37PM The Finance Sector Union weighed in last night clear up data and themes on the peeling away of 200 jobs in Australia. This is 2.3 per cent of the total ANZ workforce in the country as of March 2016. read more
Comment: Commonwealth and ANZ queue CEO switch 19 May 2016 4:34PM A blue over ANZ's orientation toward a speed up culture reflected in a jobs trimming can only escalate at a sensitive time for the banking industry. read more
UBank on pace with NAB retail 18 May 2016 4:11PM National Australia Bank's online only subsidiary UBank brand achieved "a double-digit percentage increase in revenue" over the year to March 2016, the bank disclosed yesterday. read more