NAB ripped by UK hedge

NAB expects to take a further £245 million in provisions for long-standing "conduct" issues in its UK business. read more

APRA defers decision on conglomerates

The Australian Prudential Regulation Authority will defer a decision on its planned framework for the supervision of conglomerate groups until after the release of the recommendations of the Financial.. read more

ABA still aims for harmonised capital ratios

The Australian Bankers Association will continue to work on development of harmonised capital ratios, a topic of some controversy, if analysis produced by contributors to Banking Day is on the mark. read more

Bendigo and mutuals Alliance taking shape

The shape of a plan by a group of small credit unions to blend their businesses with Bendigo and Adelaide Bank is emerging, but questions remain over the future of equity interests of credit union mem.. read more

Enlarge buffers, insists Murray

It is "generally recognised that capital buffer [of banks] should be larger," David Murray, chair of the Financial System Inquiry, said last night at a public forum in Melbourne. read more

Catholic Alliance clear to boycott banks

The Catholic Negotiating Alliance, a network of nine hospital and aged care service providers, has been cleared to collectively negotiate with banks and health funds over terms of service. read more