NAB takes refuge in the north 01 May 2012 5:01PM National Australia Bank will shift £6 billion in commercial loans from its Clydesdale Bank arm in the UK to the main operating entity in Australia, with the bank opting for a version of the "good b.. read more
Macquarie faithful to its model 30 April 2012 5:07PM Macquarie Group is taking a long-term view of the earnings prospects for its capital markets' businesses, based mainly on the calibre of the managers charged with securing the turnaround of division.. read more
Limited buyback outlined by Macquarie 30 April 2012 5:04PM Macquarie Group provided a wide range of estimates of the level of its surplus capital at its full-year profit briefing. These estimates range from A$2.1 billion to $4.5 billion, though each measure.. read more
NZ Post support for Kiwibank on the wane 26 April 2012 4:46PM New Zealand Post will not be able to supply much more capital to Kiwibank. Michael Cullen, chair of the board of NZ Post, says the postal monopoly has "some small capacity" to supply more capital to.. read more
NZ bank clear Swift payments problem 26 April 2012 4:40PM A rare breakdown in service from Swift early on Wednesday morning delayed routine payments, including salaries, for all customers of all banks in New Zealand. read more
Outsiders seek say on Eftpos club 24 April 2012 4:27PM Outsiders to the existing Eftpos club are calling for a broader definition of the debit payments system in Australia if the Payments System Board opts to update (rather than abandon) its "designatio.. read more
Fewer products and fewer brands suits CBA 23 April 2012 4:52PM The strategy briefing by Commonwealth Bank's chief executive, Ian Narev, detailed what the bank would be doing more of over coming years, with an emphasis on domestic franchises and technology. The.. read more
Card fraud on the rise 20 April 2012 4:40PM Credit card fraud is on the rise in Australia, a survey by the Australian Bureau of Statistics shows. read more
Fix to deposit mix costs BOQ 19 April 2012 4:37PM Bank of Queensland will maintain a pricing premium of around 10 basis points on term deposits in order to maintain above-system growth in its deposit book and attain its target retail funding level.. read more
ABS a funding option 19 April 2012 4:36PM Bank of Queensland expects to sell asset-backed securities, backed by leases and some other business loans, as one option for wholesale funding. read more