Dated valuations blamed for BOQ loss 19 April 2012 4:34PM Bank of Queensland MD Stuart Grimshaw has provided a more discursive view of the bank's handling of its review of asset quality earlier this year, which led to a 30 per cent rise in its level of im.. read more
Ten per cent of claims knocked back by mortgage insurers 18 April 2012 5:04PM Mortgage insurance companies are rejecting or reducing claims from lenders in more than 10 per cent of cases, according to a survey by Standard & Poor's. read more
Green bank seeks money and mandate 18 April 2012 4:33PM The renewable energy sector in Australia may be able to access some of early stage investment it needs in the form of soft loans rather than equity investment if a planned federal government-owned f.. read more
Commercial lending remains in reverse 17 April 2012 4:34PM The level of new lending to business continues to fade from its mid-2011 peak, with commercial lending declining by eight per cent in February 2012. read more
ME Bank dances to NAB tune 16 April 2012 5:07PM National Australia Bank is directing the communications strategies of its client ME Bank. On Friday, NAB prevailed on ME Bank to resist routine interviews with business media on its refinancing of a.. read more
Bank capital needs equal to 15 months' profit 16 April 2012 5:03PM The banking industry worldwide needs to set aside the equivalent of 15 months' profit to meet target capital requirements under the Basel III regime, a new study from the Bank for International Sett.. read more
NOHCs needed to cater to trans-Tasman strife 16 April 2012 5:01PM Australasian banks need to separate their main businesses either side of the Tasman into subsidiaries of a non-operating holding company, an academic group proposes. read more
ANZ catches up on rates 16 April 2012 5:00PM ANZ overcame the timidity of its initial foray into price leadership in the home loan segment on Friday, with a rise of six basis points in its variable rate home loans and business loans. read more
Convenience working for ATM owners 13 April 2012 4:13PM Convenience works for ATM owners as they claw back A$5 million in fees for "wrong" ATM use. read more
Insurance captive in run off at Wide Bay 11 April 2012 4:43PM Wide Bay Australia is to wind down its captive mortgage insurance business and source all its insurance from external providers, according to an investor presentation lodged with the ASX yesterday. read more