Car loans in demand

Consumer credit demand may be picking up, according to data compiled by consumer credit bureau Veda. read more

Large earn-out for Pure Commerce vendors

The vendors of niche payments processor Pure Commerce can expect to almost double the price paid under an earn-out agreement that was disclosed in the latest quarterly report for the buyer, US payme.. read more

Little leeway on liquidity reforms

The bank regulator will make few changes to its earlier draft prudential rules for managing liquidity risk, with the industry being required to adopt the new liquidity coverage ratio from January 20.. read more

Banks must model demand for RBA backstop

Banks will have to project the extent of their reliance on the planned committed liquidity facility (CLF) with the Reserve Bank of Australia that the industry will use, if necessary, to overcome an.. read more

Bank of Sydney in business

Beirut Hellenic Bank - the former Laiki Bank Australia - aims to cultivate a wider target market with a change of name. The bank will trade as Bank of Sydney from today. read more

Westpac managing like its 2006

The shareholder-friendly consequences of the pricing power of dominant banks was on display in Westpac's half-year profit, released on Friday, with the bank opting for a special dividend that will l.. read more