Foreign banks doing better

Earnings by foreign banks  are improving, but remain well below industry benchmarks. The return on equity for eight foreign bank subsidiaries lifted above 10 per cent in the December 2014 quarter.. read more

Dud loans back to pre-GFC levels

Impaired bank loans continue to wind down and have reached a level similar to the industry's starting point at the onset of the GFC six years ago. read more

Citi exec joins ASIC

Michael Saadat will return to the Australian Securities and Investments Commission with responsibility for the regulation of credit. read more

Multiple brands and broker antics bother APRA

The risks of over-reliance by lenders on third parties, such as mortgage brokers, is a prominent theme of a draft prudential practice guide circulated by the Australian Prudential Regulation Authority.. read more

Thai coup does not deter ANZ

ANZ is closer to obtaining a banking license in Thailand, with approval from the now ousted Minister of Finance to establish a subsidiary. read more

Bank commission practices queried

The forensic detail of banks' bonus and commission arrangements for tellers and other sales staff is emerging as a fresh point of controversy in the wrangle over reform of financial planning practices.. read more

Hintze catches up on tax payments

The hedge fund of Michael Hintze, a member of the international advisory panel for the Financial System Inquiry, has repaid millions of dollars after exploiting tax loopholes in the UK, the Sydney Mor.. read more

Brand value a minor matter for banks

Only one sixth of the market capitalisation of Australia's large banks can be explained by their "brand value", according to the 2014 Top 100 Most Valuable Global Brand list from research firm BrandZ. read more