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Baby banking mutuals in New South Wales are facing up to the strains they are under and responding by exploring or cementing mergers. read more

Mining, Maritime and Power Credit Union is another active leader in mergers at the small end of the mutual ADI market. read more

Pepper Group's initial public offering attracted commitments from a dozen offshore and domestic investors, industry media reported yesterday. read more

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

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

Westpac on Friday confirmed the hiring of Thomas Boyles to a newly created role of chief customer officer. read more

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

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 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

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