Foreign banks doing better 28 May 2014 3:49PM 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 28 May 2014 3:49PM 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 28 May 2014 3:48PM 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 27 May 2014 3:45PM 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 26 May 2014 3:33PM 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 26 May 2014 3:33PM 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
Fitch sees regional bank mergers 26 May 2014 3:29PM Credit ratings agency Fitch says it expects to see "further merger activity" by regional banks. read more
Hintze catches up on tax payments 26 May 2014 3:29PM 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
Rice Warner predicts FOFA bonanza for banks 23 May 2014 3:27PM Banks can expect to share in a fee flow of more than A$3 billion from financial planning over the next 12 years, if research by Rice Warner is on the money. read more
Brand value a minor matter for banks 22 May 2014 3:36PM 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