Profit rocks for MyState

The Rock Building Society may prove a handy acquisition for MyState Financial, with the former producing a net profit of A$6.2 million in the December 2011 half-year, three times the level of profit.. read more

Two ATM profits late

GRG International and EzeATM both fail to file their December 2011 half-year results with the ASX by close of yesterday's business. read more

Yield story subdued for Genworth

Genworth Financial earned a lower profit from higher revenues in Australia in the year to December 2011, its annual report, released yesterday, shows. read more

Elastic ATM fees suit Customers

Around four per cent of the profit of automatic teller machine operator Customers Limited may be at risk as curbs on access to cash at gambling venues begin to bite from the middle of this year. The.. read more

People's Choice ready to lift rates

People's Choice Credit Union yesterday announced that it will "adopt a new approach" to setting interest rates and "may adjust rates independently of RBA official cash rate decisions." read more

ANZ manages India from London

In an echo of the way ANZ used to run its business, the bank has announced that the executive responsible for the growth of its recently established business in India and south Asia will work from L.. read more

Perth lights attract Kalgoorlie mutual

Goldfields Credit Union is spending the equivalent of its last four years of profit in its quest to cast off its mutual status and list on the Australian Securities Exchange. read more

Swap panel cut to four

BNP Paribas will no longer contribute pricing data towards the setting of interest rate yields such as the bank bill swap rate, says the Australian Financial Markets Association. read more

Losses moderate at Lloyds

Lloyds Banking Group has racked up £3 billion in impairment charges in Australia since the financial crisis began to strike at the value of the commercial property developments it funded. read more