NAB breaks ranks on penalty fees stoush 13 November 2014 5:06PM National Australia Bank, in a quest to restore market leadership for its tired "fair value" agenda, is taking steps to settle a class action over penalty fees. read more
Bonuses trimmed for Westpac brass 13 November 2014 5:04PM Most of the top managers at Westpac received a smaller short-term bonus in the year to September 2014. read more
Financial Stability Board spells out too big to fail solution 12 November 2014 5:03PM The parochial boundaries of Australia's emerging choices on minimum bank capital received a new shape this week, with the formal release by the Financial Stability Board of policy proposals covering ".. read more
ANZ top brass disappoint 11 November 2014 4:28PM ANZ's top brass may be falling short of meeting the expectations of their employers on the board. read more
Bendigo acts on branding 11 November 2014 4:26PM act is the new brand voice for Community Sector Banking and Bendigo and Adelaide Bank. read more
Hockey backs Murray line on additional capital 10 November 2014 4:38PM Treasurer Joe Hockey has told Australia's big banks he stands ready to raise their capital levels and warned them to back down from any campaign against the change. read more
Capital battalions take their positions 10 November 2014 4:38PM Australian policy makers lined themselves up late last week to coordinate an assault on the myth of a sufficiency of capital for the banking industry. read more
Banks' internal capital modelling needs to be more transparent 10 November 2014 4:37PM The internal models that banks use to assess their capital requirements need to be more transparent and consistent, according to Deloitte's risk and regulatory leader, Kevin Nixon. read more
Regulator views on leverage ratios firming 10 November 2014 4:36PM With the Financial System Inquiry due to hand its final report to Treasurer Joe Hockey before the end of this month, the major banks seem to have resigned themselves to having to increase capital abov.. read more
Only seven banking job ads pass muster 07 November 2014 4:47PM For the last nine weeks, as an experiment, Banking Day has examined eFinancial Career's daily banking job ad flow featured daily in this newsletter. Rather than run a random sample at the end of each.. read more