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Bank of Queensland is unlikely to make use of covered bonds and will rely on residential mortgage-backed securities for secured term finance for the foreseeable future. read more

After seven years of wrangling, Westpac has this week conformed to the long-demanded policies of the NZ regulator and transferred a final batch of business from its New Zealand branch to its incorpo.. read more

Business units at Macquarie Group will have to meet return on equity targets, and those that don't will be "on the way out", management said on Friday. read more

Macquarie Group plans to buy back to 10 per cent of its shares on-market, though this may not take place until well into 2012 at the earliest. read more

Commonwealth Bank says it will provide same-day value "over coming months" for merchants that use the bank to process debit card and credit card payments. read more

European banks may qualify for a fresh guarantee on wholesale debt, if political leaders follow through on one unresolved item from the deal reached last week to recapitalise the region's banks. read more

National Australia Bank will rely on secured funding, including mortgage-backed securities and covered bonds, to achieve short-term funding targets in wholesale markets. read more

There is not much of a scorecard in the 2011 profit pack for National Australia Bank that would allow readers to evaluate the success, or otherwise, of the now fading "break up" campaign introduced.. read more

A half-hearted "for sale" sign went up on the UK banking business of National Australia Bank yesterday. read more

If there is a cut in the cash rate in Australia next week, as interest rate markets and many commentators anticipate, will lenders cut home loan rates by a full quarter of a percentage point in line.. read more