NAB to ditch HomeSide brand 25 June 2014 4:10PM NAB will try to build on an already impressive turnaround in its HomeSide home loan business by ditching the brand. read more
Gruen identifies key themes for the FSI report 24 June 2014 3:39PM The 'too big to fail' issue, excessive superannuation fees and the financial system's capacity to manage longevity risk are three themes selected by Treasury as "key policy issues currently being cons.. read more
Agency costs highlighted in banking 24 June 2014 3:38PM "Agency costs arise where an agent pursues their own self-interest rather than those of the principal (or owner) because of information asymmetry or other incapacity on the part of the owner to ensure.. read more
Super fees shocking 24 June 2014 3:37PM Australian superannuation fees ranged from approximately 0.7 per cent to 2.4 per cent of mean fund size in 2013, with fees averaging around A$726 per year for a member with a balance of $50,000, David.. read more
Independent regulators on notice 24 June 2014 3:37PM "In Australia we do not draw a distinction between regulation aimed at ensuring the solvency of individual institutions and regulation aimed at minimizing systemic risk," David Gruen, executive direct.. read more
TISA tizz over pillars policy 23 June 2014 3:27PM Access by foreign banks and offshore information processing firms to the Australian and New Zealand markets may be widened if an international Trade in Services Agreement (TISA) proceeds as presently.. read more
NAB patent folly flops 23 June 2014 3:27PM An idiosyncratic investment of National Australia Bank has come to an end, crushed by a unanimous decision of the Supreme Court of the United States. read more
Box Hill branch focus of CBA fraud probe 23 June 2014 3:26PM Commonwealth Bank's Box Hill branch in Melbourne was allegedly the pivot for a long running fraud now the subject of prosecutions. read more
Financial deepening bypasses banks 20 June 2014 4:01PM Australian banks can expect the equivalent of US$166 billion in new corporate financing business to be fulfilled by the debt capital market over the next five years, Standard & Poor's conclude in.. read more
Europe ripe for bank attack 20 June 2014 4:00PM Europe stands out as the region that will experience the highest constraints on bank lending, Standard & Poor's said in a new study. read more