OzForex stranded in merger stakes 09 February 2016 4:52PM Western Union and OzForex Group have parted ways on a planned takeover by the former of the latter, leaving investors in the listed Australian fintech star pondering its value. read more
MMPCU consolidates Shell Employees' 09 February 2016 4:51PM Members of Shell Employees' Credit Union on Friday voted to support a merger with Maritime, Mining & Power Credit Union, setting in train what may prove a busy calendar for smaller, mutual ADIs. read more
Macquarie set for covered debut 08 February 2016 4:23PM Macquarie Bank will catch up with the big banks and make use of a covered bond program to help fund its A$27 billion mortgage book. The bank is a couple of years behind the major domestic Australian b.. read more
Awkward ANZ chats disclosed 08 February 2016 4:22PM The unsavoury content of conversations between traders at ANZ and other banks is beginning to slide into the public domain, as the bank and its sacked interest rate trader Etienne.. read more
RBA sees savings decline 08 February 2016 4:21PM The saving ratio in Australia may exhibit "a further modest decline" over the next few years, the Reserve Bank of Australia projected in its latest Statement on Monetary Policy, released on Frida.. read more
A stressed ANZ may save dividend, says Goldman Sachs 05 February 2016 5:16PM Stress on ANZ's earnings and dividends from any surge in loan losses on mining sector loans may be no grave period for the bank. read more
Greens red-faced on ATM fees ban 05 February 2016 5:14PM A second stab by the Greens at detonating ATM fees charged by banks ended in a second defeat yesterday. read more
Australian ATM supplier fined for non-disclosure 05 February 2016 5:12PM A court has imposed a timid penalty on a key banking industry supplier for late lodgement of financial accounts. read more
Clydesdale wanders in LSE debut 04 February 2016 5:02PM National Australia Bank yesterday finalised a price of 180 pence for each share in the sale of its remaining 25 per cent stake in Clydesdale Bank, releasing around A$805 million in capital for NAB. read more
Paymark opens talks on Eftpos sale 03 February 2016 4:50PM Paymark, the largest Eftpos payments network in New Zealand, may be on the block. read more