Moody's says banks face greater risks 02 February 2016 4:20PM The "unwinding of the global commodities cycle is heightening the macroeconomic risks faced by Australian banks," cautions Moody's Investor Service. read more
CBA picks top lawyer as CRO 01 February 2016 4:47PM David Cohen is taking over as chief risk officer of Commonwealth Bank, replacing Alden Toevs, who will "retire from the role" in June, after eight years as CRO. read more
ASX queues blockchain project 28 January 2016 5:11PM The wave of work around blockchain thinking is building, with the ASX on Friday listed among a list of bulge bracket names recapitalising US IT firm Digital Asset Holdings. read more
NAB cleared to jettison Clydesdale 28 January 2016 5:10PM National Australia Bank may be taking an "all options" approach to the planned sale of its remaining 25 per cent stake in Clydesdale Bank in the UK, with the bank's board open to holding onto some or.. read more
Australian banks consider their NZ dairy problem 27 January 2016 5:41PM A more cynical view of the country's banking sector is a key rationale on a rethink on the outlook for New Zealand's sovereign rating by Fitch Ratings. read more
Credit cards making profits for NZ banking 27 January 2016 4:44PM The consumer credit market in New Zealand looks to have a more profitable business mix for banks than its troubled counterpart in Australia. read more
Macquarie raises blue and white flags in US equities 26 January 2016 4:58PM A "failure to provide complete and accurate trade data" to authorities was the surprising charge in a sanction from the Financial Industry Regulatory Authority against Macquarie Group on Christmas Eve.. read more
Comment: Scatty Macquarie an Australian banking industry shocker 26 January 2016 4:57PM The consequences of tolerating long running, daily defects in its US blue sheets (as reported above) might be considered minor for Macquarie. The fine imposed last month by FINRA was equivalent to a c.. read more
Five banks cut loose from Chi-X 26 January 2016 4:56PM JC Flowers will be the new owner of securities exchange Chi-X Australia. read more
Wider spreads start Australian debt market for 2016 25 January 2016 5:04PM Spreads agreed on newly minted wholesale bank debt from Australian names priced at much wider levels than prevailed in 2015. read more