NAB thinks big in US Midwest 30 March 2012 5:54PM National Australia Bank is scouting for more banks to buy in the United States in order to improve the reach of Great Western Bank in select Midwest states. read more
Home loan repayments speed up 29 March 2012 5:52PM Households lifted their level of home loan repayments over the course of 2011, so that by the end of the year they were paying, in aggregate, twice as much back on their loans as required by the ter.. read more
A sticky story of impaired assets 29 March 2012 5:47PM The stickiness of the level of impaired assets at banks receives close attention in the half-yearly Financial Stability Review published by the Reserve Bank of Australia. read more
Emue seeks authentication flight path 29 March 2012 5:43PM Deloitte Australia looks for a buyer for its stake in Emue Technologies, a supplier of payment authentication solutions that counts Visa Europe as its major supporter. read more
Margin squeeze manageable for bankmecu 28 March 2012 5:31PM Melbourne mutual bankmecu says it is coping with a fresh squeeze on margins, with its interest margin falling to 2.70 per cent, from 2.77 per cent, over 12 months. read more
Early measure of mortgage market 28 March 2012 5:24PM Students of the mortgage market will have access a new weekly measure of demand in the next month or so, courtesy of research firm RP Data. read more
Red-faced BOQ realises property problem 27 March 2012 5:48PM Bank of Queensland yesterday provided a warning that a further decline in credit quality may be permeating the banking industry in Australia, with the bank disclosing a steep rise in impaired loans.. read more
Capital available but strategy awaits 27 March 2012 5:46PM The oft-stated aspirational goal of a 15 per cent return on equity at Bank of Queensland looks likely to be pushed aside as the bank moves to sell A$450 million in new shares in the midst of a tradi.. read more
Margins stable for BOQ in first half 27 March 2012 5:43PM A feature of Bank of Queensland's so far abbreviated reporting for the February 2012 half-year is an improvement of three basis points, to 1.68 bps, in its net interest margin. read more
Activist BoE toughens capital buffers in UK 26 March 2012 6:03PM The new banking regulator taking shape in the UK is seeking powers to vary capital requirements on loans by banks to specific sectors such as commercial property and residential property. read more