Great Southern trial date set in stone 10 July 2012 4:18PM Plaintiffs in an action against Great Southern Finance and Bendigo & Adelaide Bank failed in an attempt to revise their claim and further delay the trial, which is due to start on September 17. read more
ANZ loosens China ties 06 July 2012 10:43AM One of ANZ's early investments in China looks stranded, with the bank announcing yesterday that it will not support a capital raising for Bank of Tianjin. read more
Provident Capital in receivership 05 July 2012 8:37AM The Federal Court late on Tuesday confirmed the appointment of Philip Carter, Tony Sims and Marcus Ayres from PBB Advisory as receivers of Provident Capital, a Sydney-based finance company. The cour.. read more
CFTC sets de facto rules for Libor 04 July 2012 4:22PM Amid the controversy over the fines imposed on Barclays by regulators in the UK and US over its misleading contribution to the setting of benchmark interbank rates it is easy to overlook some de fac.. read more
Second prop for Liberty securities 02 July 2012 9:00AM Liberty Financial priced A$300 million in mortgage-backed securities on Friday, the second transaction supported by non-conforming loans to make it to market this year. read more
MAS ask foreign banks to incorporate 29 June 2012 5:19PM ANZ may have to incorporate, and shift capital, to its retail banking operation in Singapore. The Monetary Authority in Singapore yesterday outlined plans to require foreign banks " that are importan.. read more
Low-doc borrowers feel the pain 28 June 2012 4:37PM Borrowers with low-doc loans, who tend to be self-employed, may be experiencing a greater than the usual level of difficulty paying their loans. read more
Innovation working in payments fraud 28 June 2012 4:34PM Security researchers McAfee say they have uncovered a form of banking fraud that employs "server-side components and heavy automation". read more
Money market funds stick with NAB 26 June 2012 4:53PM US money market funds reduced their holdings of short-term liabilities of Australian banks during May, a report by Fitch Ratings shows. read more
Increased repayments support more household debt 22 June 2012 4:48PM Four things stand out from the 2011 census that was released by the Australian Bureau of Statistics yesterday, including one surprise - that the percentage of households with a home loan has increased.. read more