Black days in payments for Australia Post

A critical piece of payments infrastructure has been sidelined for days, raising questions over the management effectiveness of Australia Post, two subsidiaries of which are at the centre of the strif.. read more

Mutual IT maestros plan merger

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

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

Germany's Deutsche Bank overnight outlined details of a shake up of its business that centres on its European roots. read more

Reforms to forex fix working for now

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

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

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

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