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Lloyds Banking Group yesterday released basic financial data on the portfolio of branches, and customer deposits and loans, being sold under the name of Project Verde. read more

Banks profits in New Zealand are high by world standards and may be at levels that could be difficult to explain other than by a lack of competition, an analysis published by the Reserve Bank of New.. read more

Followers of banks must shift the focus of their analysis back to the asset side of the balance sheet and pay less regard to the ebb and flow of the composition of bank funding, a senior Reserve Ban.. read more

John Nesbitt, chief financial officer of Suncorp Group, took unnamed rivals to task yesterday over conduct that tarnished the reputation of an entire industry. read more

There is a one in three chance that the credit rating of Bendigo and Adelaide Bank could be lifted to A- from BBB+, Standard & Poor's said yesterday. S&P said it had raised the outlook on the region.. read more

The accumulated losses of all Australian financiers from their endeavours into foreign markets was A$26 billion at June 2010, a new survey by the Australian Bureau of Statistics shows. read more

Commonwealth Bank is sharpening its pricing on some home-loan product lines pitched at the price sensitive end of the market. read more

Profits and business volumes at The Rock Building Society are improving for the first time in several years. Yesterday, the Rockhampton-based entity said it expects to report a "normalised underlyin.. read more

MCU Ltd is casting around for directors and an alternative renewal path after members of the Maleny mutual voted to reject the proposed merger with Credit Union Australia on Saturday. read more

Australia's dependence on commodity exports is one rationale for regulators forcing banks to adopt more stringent standards that in other developed economies, one of APRA's most senior executives told.. read more