Fees class action deferred against four banks 17 September 2012 5:01PM Four smaller banks may not have to respond for some time to a mooted class action over the level of their penalty fees. read more
Wider crisis powers proposed for APRA 13 September 2012 5:22PM For the third or fourth time since the formation of the Australian Prudential Regulation Authority, in 1998, the government is having a shot at giving it the powers - mainly relating to crisis inter.. read more
Financial reform costs exaggerated, says IMF 13 September 2012 5:21PM The costs of regulatory reform affecting financial institutions following the crisis of the late 2000s will produced only a modest increase in bank lending rates in the United States, Europe and Jap.. read more
Business cycle forgotten in NZ banking circles 12 September 2012 4:48PM There is a curious detail in the RBNZ's "response to submissions" published yesterday over its approach to rolling out Basel III: some banks seemed unaware that two local banks had failed in recent y.. read more
Securency board cleared Malaysian agent payment in 2007 12 September 2012 4:46PM The Age and ABC collaboration continues regarding the question of who knew what and when at the Reserve Bank of Australia concerning the alleged payment of bribes at its Securency bank-note arm in t.. read more
Bendigo execs miss out on bonus again 11 September 2012 4:56PM For the second time in four years the most senior executives of Bendigo and Adelaide Bank received no short-term bonus. read more
CBA ponders aggregator investment 10 September 2012 4:43PM The Financial Review reported rumours that Commonwealth Bank is seeking to increase its one third stake in Aussie Home Loans. CBA paid A$71 million for the stake in late 2008. read more
Inefficient ANZ takes its time on fees 07 September 2012 4:53PM Yesterday's High Court ruling on penalty fees is a substantial victory for the plaintiffs and one that will encourage Maurice Blackburn, the law firm that chose to run the case after many years of.. read more
GRG benefactor supports Triton ATM purchase 07 September 2012 4:49PM A mystery Asian investor is said to have agreed to fund the unprofitable ATM operator GRG International in the purchase of the US-based manufacturing business Triton. read more
Clydesdale pursued over its role in sunken Arck 06 September 2012 4:56PM Four hundred investors in an unlicensed, and failed, property investment scheme in the UK are seeking £20 million in compensation from Clydesdale Bank. Lawyers for the investors assert that the ban.. read more