Vietnam bank a second SWIFT fraud target 16 May 2016 3:50PM A second bank in Asia has had payments messages over the SWIFT payments messaging network compromised, if further analysis by BAE Systems is correct. read more
ATM fees slump for DirectCash 13 May 2016 4:53PM The ATM revenue of DC Payments is on the wane in Australia due to the popularity of contactless payments. read more
Mutual milestone triggers $100m capital buyback 12 May 2016 3:57PM A unique equity capital arrangement employed by 13 credit unions and mutual banks is reaching the end of its life, with A$100 million in capital likely to be bought back by the end of the year. read more
Property shock on Moody's Australian watchlist 12 May 2016 3:53PM A poor outlook for residential property developments, which may correlate with Australia's bruised terms of trade, is one highlight of Moody's Investors Service's take on last week's round of bank res.. read more
Bankwest and Landmark conspiracies dissolve amid Parliamentary glare 09 May 2016 3:48PM Commonwealth Bank prioritised a "culture of placing profit and return to shareholders ahead of the interests of borrowers" in its handling of many loans extended to customers of Bankwest, a parliament.. read more
Bankwest irresponsible and CBA unconscionable, Joint Committee finds 09 May 2016 3:47PM Some facets of lender conduct central to borrower discontent with Commonwealth Bank's post 2008 management of Bankwest found their way into the report of the Parliamentary Joint Committee on Corporati.. read more
NAB loss second largest in Australian banking history 06 May 2016 4:13PM A loss is a loss and, by any measure, the loss confirmed by National Australia Bank for the half year to March 2016 is spectacular. read more
$90 billion bond sales planned by AOFM 05 May 2016 3:57PM Treasury bond issuance by the Australian government is expected to be around A$90 billion over 2016/17, the Australian Office of Financial Management advised yesterday. read more
Institutional reset frames ANZ for 'subdued' times 04 May 2016 4:38PM A wind back in risk-weighted assets, at least in the institutional bank, will inform a strategic repositioning of ANZ's business mix over the next 12 to 18 months. read more
Malaysia drags on ANZ Asia 04 May 2016 4:37PM An impairment charge of A$260 million on ANZ's carrying value for its investment in Malaysia's AmBank is one lowlight of the 'Asian theme' of ANZ's half year result for March 2016. read more