Pepper IPO wins institutional backing at a reduced multiple 15 July 2015 3:33PM Pepper Group's initial public offering attracted commitments from a dozen offshore and domestic investors, industry media reported yesterday. read more
Australian banks below global median on capital 14 July 2015 4:11PM The contest over how to measure the sufficiency of bank capital and whether present levels are adequate for banks in Australia got a kick along yesterday, courtesy of the banking regulator, APRA. read more
CEFC investment mandate narrowed 13 July 2015 3:28PM The Clean Energy Finance Corporation yesterday confirmed it received a directive to narrow its investment mandate. Fairfax Media reported on the development on Sunday, taking the angle that the impact.. read more
Banker turned entertainer joins Westpac 13 July 2015 3:25PM Westpac on Friday confirmed the hiring of Thomas Boyles to a newly created role of chief customer officer. read more
Britain plans bank profits tax 10 July 2015 4:22PM In a shift in thinking, Britain's government will impose an annual tax equal to eight per cent of a bank's profits. read more
Comment: ANZ drawn deep into Malaysian mess 09 July 2015 4:37PM AmBank, ANZ's 24 per cent-owned associate in Malaysia, is finding itself entangled in a decidedly colourful affair, as allegations of corruption against the country's prime minister re-emerge. read more
Macquarie rips the veil from Liberty 08 July 2015 4:00PM Macquarie Bank is seeking enforcement of a Netherlands court judgement in Australia that exposes aspects of the complex structure of the Liberty Financial mortgage funding business. read more
Comment: Clydesdale liberation cornerstone of NAB sales job 08 July 2015 3:42PM National Australia Bank has its sales pitch underway at long last for the IPO of its Clydesdale Bank in Britain, dropping a superficially impressive disclosure pack on the market yesterday. read more
Westpac drags the chain on pay 08 July 2015 3:40PM Westpac has mooted a pay rise of 3.25 per cent for many staff in Australia, but rises of only two per cent for its better paid employees. read more
Substantial mortgage losses 'unlikely' in NZ 07 July 2015 3:55PM A warm review of New Zealand's sovereign rating from Fitch Ratings drew out mostly comforting commentary on the country's banking system. read more