Indue considers 'extreme' capital options

Indue, a niche payments and settlement provider with origins among credit unions, has confirmed it is studying options to raise capital outside the sector, with even an initial public offering and Aus.. read more

Home loan arrears rise

A seasonal pick up in missed home loan payments lifted home loans arrears - in loans on prime, mortgage backed securities - to 0.98 per cent at December 2015, Standard & Poor's said. read more

Global banks still short on capital

More than 100 large, internationally active banks still report shortfalls on target capital levels, a report by the Basel Committee on Banking Supervision shows. read more

Saving ratio tumbles further

An extended fall in the household saving ratio is evident in the latest national accounts for Australia, to some degree vindicating recent analysis of this measure by the Reserve Bank of Australi.. read more

Foreign banks in fine fettle

Profits for foreign bank branches operating in Australia echo a wider picture of a robust banking sector, with a combined profit for this segment of the industry of A$1.44 billion over the year to Sep.. read more

Euronet in reverse in Australia

The ePay business of US payments processor Euronet Worldwide continues to wilt, with revenue down 13 per cent over one year and 26 per cent over two years, to US$78 million. read more