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Standard & Poor's will finalise its revised criteria for rating banks this week after advising that the extent of rating revisions will be less than first thought. read more

ANZ hopes to find new banking acquisitions in Asia, as European and North American banks sell their overseas assets to prop up troubled domestic operations. read more

Australia's major banks need to be mindful of the consequences for investors of unsecured senior debt, and the pricing of that senior debt, as they scamper to sell covered bonds, ANZ chief executive.. read more

ANZ reported fair progress across a range of profit and product metrics in its Asian business, though precisely how much progress can be tough to tell. read more

National Australia Bank has elected to reduce variable home loan rates for some new borrowers by 25 basis points, using loans funded through the bank's Advantedge arm and arranged through mortgage m.. read more

Costs may rise faster than revenues for the second year in a row at Westpac next year, as the bank soldiers on with an array of projects designed to strip out expenses and underpin a lift in product.. read more

Covered bonds may account for one quarter of Westpac's wholesale funding needs over coming years, chief financial officer Phil Coffey told an investor briefing yesterday. read more

The Sydney Futures Exchange announced on Tuesday that it has reduced from five to four the number of banks whose bank-endorsed bills will be eligible for settlement against interest rate futures con.. read more

Following the lead of major banks on home loan margins in late 2010 and controlling operating costs helped non-bank funder FirstMac post a respectable profit in 2010. read more

National Australia Bank is making progress in the overhaul of its core banking technology - progress of a kind that a neutral observer might label as methodical and a cynical observer view as slower.. read more