NAB ripped by UK hedge 19 August 2014 3:41PM 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 18 August 2014 4:07PM 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 18 August 2014 4:06PM 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 15 August 2014 3:54PM 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 15 August 2014 3:53PM 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
Bendigo a port for niche financiers 15 August 2014 3:53PM Four ADIs idly strolling through the door might prove a bargain for Bendigo and Adelaide Bank, although any tie-ups will hardly be a merger of equals. read more
Catholic Alliance clear to boycott banks 15 August 2014 3:52PM 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
Grimshaw's move sets off CEO selection season in Australia 14 August 2014 4:20PM The leadership talent supply pipeline in the bank sector is in the spotlight, with two chief executives felled yesterday. read more
ANZ thinks small in IB 14 August 2014 4:19PM How do you structure a bank, so that if it were to fail, it would not touch taxpayers? read more
Tax fix needed for SME lending, says ANZ's Mike Smith 14 August 2014 4:18PM "There's no shortage of liquidity to support small business, there is no shortage of debt to support small business," ANZ CEO Mike Smith said at a Trans-Tasman Business Circle lunch in Melbourne yeste.. read more