Prudential regulators drive NAB capital plans 08 May 2015 4:07PM Last week's speech by APRA chief Wayne Byres is one factor that informs the scale and timing of NAB's capital raising of A$5.5 billion, a fully underwritten share placement. read more
UBank's housing loan book makes big gains 08 May 2015 4:06PM The positioning of UBank is shifting, with NAB allowing the deposit book for its digital brand to taper off. read more
ANZ 'must lift returns': Smith 06 May 2015 4:05PM Declining returns for ANZ are a feature of the bank's March 2015 half year result, an outcome irritating management as well as investors. read more
Esanda sale needed to release capital 06 May 2015 4:04PM ANZ plans to sell its Esanda finance business principally to release capital for the group, Shayne Elliot, the bank's chief financial officer, told an investor briefing yesterday. read more
ANZ Asian profit 'unhelpful' 06 May 2015 4:03PM ANZ's statutory profit in Asia is superficially one of its best yet, equivalent to 16 per cent of group profit in the half year to March 2015. This is up from 14 per cent in the prior half. read more
St George sales trail Westpac 05 May 2015 3:53PM Westpac's multi-brand strategy is struggling to differentiate its operations from those of the core retail bank brand, if the few financial metrics shared with investors are any guide. read more
Westpac plays down its Asia story 05 May 2015 3:53PM The completion of IT investment by Westpac is one theme of a mostly thin outline of the bank's hits and misses in Asia recently. read more
Coles breaks GE payments shackles 05 May 2015 3:52PM Wesfarmers will go it alone in the Australian credit market under its Coles brand, after opting to buy out GE Capital's 50 per cent share in a longstanding joint venture. read more
Broker AFG launches A$140 million IPO 05 May 2015 3:51PM Australia's largest mortgage broking group, Australian Finance Group, yesterday lodged a prospectus for an initial public offer and listing on the Australian Securities Exchange. read more
NAB rethinks pricing options 04 May 2015 3:52PM National Australia Bank may be looking to lift margins on many core products as its searches for a story that will convince investors to reconsider their analysis of the bank. read more