Aussie on the slide in FX stakes

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

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

UBank on pace with NAB retail

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

CEFC defines Westpac energy subsidy

The Clean Energy Finance Corporation yesterday said it committed A$200 million to what it labelled the Westpac Energy Efficient Financing Program, which offers finance leases, commercial loans and com.. read more

Bell rings anew for frustrated funders

A quarter century long saga over the liquidation of the Bell Group of companies may have crossed one final legal hurdle, one that for once does not entangle the failed conglomerate's bankers as centra.. read more

Securency manager convicted of bribery

Peter Chapman, the UK-based former African sales manager for Securency, late last week was convicted by a UK court on six counts of corruption relating to his dealings with an unnamed official of Nige.. read more