WIB under pressure 06 May 2013 4:38PM An increased appetite for corporate lending from reinvigorated banks in the northern hemisphere may put a brake on returns for wholesale banks in Australia. read more
Low return Macquarie stands by its model 06 May 2013 4:13PM Glimmers of improvement in the financial performance of Macquarie Group's more intractable businesses in the last half of its financial year are being viewed by management as grounds to stick with a.. read more
No rush on Genworth float 03 May 2013 4:33PM Genworth Financial is taking a flexible view on the timing of its planned float of a 40 per cent stake in its Australian mortgage insurance business. read more
ANZ back in covered bond market 03 May 2013 12:43PM ANZ provided a reminder of the tightening spreads on wholesale bank debt overnight, with the sale of €1 billion in seven-year covered bonds at a spread of 17 basis points over mid-swaps. read more
Bendigo and Adelaide buys another small mortgage book 02 May 2013 4:17PM Bendigo and Adelaide Bank will provide a safe exit for debenture investors in another Victorian debenture company. The bank said yesterday that it had "agreed to buy the loan book" of HD&C Secu.. read more
Beirut Hellenic's customers have a few anxious moments 02 May 2013 4:15PM The Cypriot heritage of Beirut Hellenic Bank had some impact on the bank's retail deposits in March, when the crisis in the troubled Mediterranean economy was at its peak. read more
Genworth loss ratio lifts 02 May 2013 4:12PM Losses on home loans chipped away at the earnings of mortgage insurer Genworth Financial in the March 2013 quarter. read more
Investment pays dividends for ANZ 01 May 2013 5:09PM ANZ is reaping the benefits of its many long-running investments in business improvement in Australia, New Zealand and Asia, with the bank justifying a rise in its dividend payout ratio on the promi.. read more
Industry bond not sticky enough for Tartan CU 30 April 2013 4:47PM Tartan Credit Union, one of the few remaining mutuals with a bond to industry, has proposed a merger with Select Credit Union in Sydney. read more
Underwriting profit falls for QBE LMI 29 April 2013 5:01PM A doubling in the claims ratio helped slice the underwriting profit for QBE Lenders Mortgage Insurance last year. read more