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Banks in Australia have scaled back already modest investments in private equity entities, chipping in A$110 million over the year to June 2015. read more

Repricing of Commonwealth Bank's investment lending book late last year is helping to insulate the bank from elevated funding costs in wholesale markets, with the bank reporting a stable net interest.. read more

Efforts to continue with measures of internationally comparable capital ratios remain a feature of big bank profit reporting, with Commonwealth Bank, producing an estimate compiled using an alternativ.. read more

Any received wisdom on the significance of Australia's worsening terms of trade for banking sector credit quality is yet to percolate into the credit quality settings at Commonwealth Bank. read more

Bank of Queensland is to re-invest around six months' worth of last year's profit rise, A$15 million, to help fund "a program to reshape its organisational structure to better affect BOQ Group's strat.. read more

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

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 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

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

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