382

Both the big banks and the bank regulator are stepping up work on "living wills" as an alternative to the capital surcharge that could be needed if banking regulations in Australia follow the princi.. read more

ANZ is bringing more of the closing tasks in its home loan production chain back in-house after a disappointing couple of years sourcing this work out to Perpetual. read more

ANZ will maintain three separate core banking systems into the foreseeable future, the bank confirmed at a briefing on the bank's technology strategy on Friday. read more

ANZ will stick to an internal model for cloud computing in the medium term, and in part because financial regulators often do not like the use of external providers to store sensitive bank data. read more

ANZ management is "supportive" of Reserve Bank of Australia goals for reform of the payments system in Australia, but is not making any particular plans to adapt its own investment priorities at prese.. read more

Ezeatm Limited hopes to scrape out a market share of the automatic teller machine sector of one per cent, assuming a capital raising, listing on the ASX and a new business plan prove effective. read more

The secular shift in the drivers of demand for payments cards continues to be feature of the monthly flow of data on this product segment from the Reserve Bank of Australia. One highlight in the dat.. read more

Commonwealth Bank is negotiating for the acquisition of a further five per cent stake in Vietnam International Bank, Reuters reports. The central bank announced its approval of the purchase on Monda.. read more

The Australian Government may take over year to work out a detailed investment mandate for its proposed Clean Energy Finance Corporation, and funding will not begin until the 2013/2014 financial yea.. read more

In a blow-back to a 1970s style of intervention in capital markets, the Australian Government proposes to form a Clean Energy Finance Corporation to foster investment in renewable energy. read more