ANZ seeks Asia maestro

Gilles Planté and Steve Bellotti will take responsibility for ANZ's international and institutional banking business, following Alex Thursby's decision to leave the bank. read more

Shadow banks immaterial, says RBA

Australia's universe of "shadow banks" is small beer in the context of total domestic financial system assets, even if some investors have lost savings, the Reserve Bank of Australia says in its lat.. read more

Stevens defends liquidity facility

Reserve Bank governor Glenn Stevens used a speech to the ASIC Annual Forum yesterday to rubbish recent efforts to portray the "committed liquidity facility" - that will help Australia banks meet the.. read more

Margin declines for bankmecu

Matching the market on deposit pricing took a toll on profits at bankmecu, a Melbourne-based mutual bank, over the half year to December 2012. read more