Mutual IT maestros plan merger 29 April 2015 4:42PM Two technology services companies that count mutual ADIs as their principal clients are negotiating a merger. The pair are Sydney-based Transaction Solutions and Adelaide-based Data Action. read more
Markets will demand more bank capital: Stevens 29 April 2015 3:40PM More capital to underscore the resilience of the banking system is "likely to be demanded by the market", while "there's generally not much doubt about which way the world is moving," Glenn Stevens, g.. read more
Deutsche to deleverage 28 April 2015 4:58PM Germany's Deutsche Bank overnight outlined details of a shake up of its business that centres on its European roots. read more
Japan banking monoliths may ride downgrade wave 28 April 2015 3:51PM Fitch Ratings downgraded Japan's credit rating by one notch late yesterday, a cut bound to bring the ratings of its banks under review. read more
Reforms to forex fix working for now 27 April 2015 3:41PM Steps by banks and foreign exchange dealers to adapt to a new regime for the daily foreign exchange fix are "reasonable", RBA assistant governor Guy Debelle told an industry panel on Friday. read more
CBA blunders anew in planning 24 April 2015 10:43AM Commonwealth Bank failed to conduct a compensation program for financial planning clients in a manner consistent with its own plans, an ASIC report by KordaMentha Forensic has found.CBA's reputation.. read more
Comment: Narev's days must be done 24 April 2015 10:42AM Ian Narev and his team at CBA have had no other real reputational headache to handle other than historic matters in planning.The methodical work needed to clean it up and respond appropriately seems t.. read more
Pacific bank champ a stellar earner 24 April 2015 10:38AM It's common to brand Australian banks as "the world's most profitable". But are they? The most profitable bank in Australasia is actually in Papua New Guinea. read more
NAB prepares for US sell down 23 April 2015 4:31PM National Australia Bank yesterday foreshadowed plans to undertake "a potential public secondary offering" of its remaining shares in the bank's US subsidiary, Great Western. read more
Bankers and senators debate best way of insuring financial advice clients against loss 22 April 2015 3:42PM There were plenty of grizzles but not much insight yesterday as a Senate committee laboured to produce a show intended to somehow bring bank chiefs to heel over malpractice in financial planning. read more