CBA clear to buy Aussie 22 March 2013 5:35PM Commonwealth Bank has avoided any conditions being imposed on its purchase of a controlling stake in Aussie Home Loans, with the ACCC giving the deal the green light yesterday. read more
SME borrowers wear rate pain 22 March 2013 5:34PM Small business borrowers have borne yet more pain from banks' management of their margins over the last year, while big business and residential borrowers have benefited from price competition, a ne.. read more
GE expands in debtor finance 22 March 2013 5:30PM GE Capital is to buy the invoice discounting business of insurer Allianz Australia. read more
Olympus targets transitional capital 22 March 2013 5:27PM Olympus Capital Asia has launched a structured lending business based in Singapore that will target mid-sized companies in Asia Pacific. read more
Pepper scours market for RMBS investors 21 March 2013 5:47PM Pepper Australia is stepping up efforts to promote a specialised fund that has been established to invest in mortgage-backed securities, including those that help finance its own loans. read more
Amex co-brand card soft for David Jones 21 March 2013 5:44PM Receivables on the David Jones American Express co-brand may be on the disappointing side. The retailer says receivables were A$374 million at January 2013. read more
Bank capital shortfall equal to six months' profit 20 March 2013 5:57PM The world's largest and most active banks need €208.2 billion to meet minimum capital requirements, fresh estimates released by the Bank for International Settlements last night show. read more
Banks pay price for ratings caution 20 March 2013 5:55PM Banks may be paying higher interest rates on relatively short-term deposits as a form of insurance against the prospect of a cut in their credit ratings were they to source more funding from wholesa.. read more
MLC impairment $500 million 19 March 2013 5:37PM The clock may be ticking for National Australia Bank over an overdue write-down of goodwill on its wealth management arm, which comprises MLC and other smaller holdings. read more
Cuscal sells ClickSuper 19 March 2013 5:33PM Cuscal is to sell its superannuation payments processing business ClickSuper to its collaborator in the service, Payment Adviser. read more