Custodians need more capital 01 July 2013 4:38PM Banks that provide asset "custody" as part of an investment services business will have to meet new financial requirements outlined by ASIC. read more
iGrin resumes P2P lending 27 June 2013 4:39PM Peer-to-peer lender iGrin is coming out of hibernation, with backing from some West Australian investors. read more
Pillar 3 reports needed sooner 27 June 2013 4:36PM Banks will have to make a more detailed disclosure each quarter, both regarding their capital adequacy and the make-up of their capital. read more
Lower rates lift satisfaction scores 27 June 2013 4:33PM Lower interest rates are lifting measures of consumers' satisfaction with banks. read more
PR Finance takeover delayed 26 June 2013 4:44PM PR Finance Group's failure to prepare full accounts for the 2012 financial year has forced a delay in the takeover of the troubled firm by Keybridge Capital. read more
Bluestone returns to non-conforming niche 25 June 2013 4:20PM Bluestone is getting back into non-conforming lending five years after suspending new loans from its cornerstone product range. read more
All set for bank failure 25 June 2013 4:17PM Banks are expected to have plans in place to ensure account holders can be reimbursed within seven days in the event of a bank failure. Accordingly, APRA has released a new prudential standard intend.. read more
Short-term wholesale flows OK 24 June 2013 5:14PM Banks have satisfactory access to the short-term debt market for now, even as wobbles in emerging markets unsettle financial markets generally. read more
Australian banks the fifth most profitable in the world 24 June 2013 5:13PM Banks in Australia are the fifth most profitable in the world - and the most profitable if the banking industries of the four BRIC economies are overlooked. read more
Wide Bay stretches lending targets 24 June 2013 5:10PM A diversification into personal loans and commercial loans by Wide Bay Australia is among the elements of the "higher-risk strategy" cited by Standard & Poor's last week as grounds for a cut in.. read more