Bank of Communications secures banking licence 28 October 2011 6:00PM Bank of Communications this week succeeded in obtaining registration as a foreign bank branch in Australia. read more
Capital return on cards at Suncorp 28 October 2011 5:59PM Suncorp is sticking to its aspiration, outlined two months ago, to return capital to shareholders and make use of surplus franking credit. read more
MUFJ on track to buy RBS infrastructure arm 28 October 2011 5:57PM Mitsubishi UFJ Financial Group appears in final talks to buy the infrastructure advisory business of Royal Bank of Scotland in Australia. read more
PSIS turns Co-operative 27 October 2011 5:33PM PSIS, the largest credit union in New Zealand, yesterday succeeded in obtaining registration as a bank. read more
ANZ sterling bond a rarity 27 October 2011 5:32PM Offshore debt issuance by Australian banks is a rare event at present, and ANZ is one bank managing to sell the odd bond in public markets. read more
Breaches of lending policies bother APRA 27 October 2011 5:28PM APRA chairman John Laker has used the annual convention of mutual credit unions and building societies to warn against reduced lending standards and frequent lending policy exceptions. read more
Bendigo chair sees lower returns 25 October 2011 5:56PM Returns to investors in banks will fall as banks increase their capital ratios, Bendigo and Adelaide Bank's chair, Robert Johanson, told the annual meeting yesterday. read more
RBA patrol officers report for duty 25 October 2011 5:53PM The Reserve Bank of Australia undertakes mystery shopping at banks; reverse engineers loan calculators at bank websites, to check for changes in lending standards; collects data on mortgage possessi.. read more
Bank earnings as good as they get 25 October 2011 5:49PM Controversies over bank profits are never far away in Australia, and the profit reporting season for banks that kicks off this week, with National Australia Bank the first to report, will no doubt r.. read more
ASX gets bank treatment 24 October 2011 5:59PM ASX Group may be made subject to expanded powers of regulatory intervention along the lines of the powers financial regulators in Australia have over banks. read more