NAB corrects payments blunder in a day 18 April 2011 5:09PM At some stage on Friday night, National Australia Bank resolved its payment processing blunder from Thursday night, but the bank still suffered a barrage of disdainful public commentary that undermi.. read more
600 redundant branches at NAB 18 April 2011 5:07PM As with the extended payments processing dramas at National Australia Bank in November and December last year, the bank opened a hundred branches on Saturday to cater to the needs of customers aggra.. read more
Two cent levy on super funds to cover Trio compo 14 April 2011 4:26PM Superannuation funds will pay a levy of two cents per $100 to cover the A$55 million in compensation the Federal Government will pay in connection with losses arising from the failure of Trio Capita.. read more
Credit purchases a minority choice 13 April 2011 4:13PM Two markers of a long-term shift in the pattern of the payments market are evident in the monthly payment card data for February 2011 compiled by the Reserve Bank of Australia, with the diminishing.. read more
ABS rush on 13 April 2011 4:07PM The market for asset-backed securities has an almost boom-time air about it, with the last week's record-breaking flow being followed by yet more new issuance. read more
More of Lloyds may be for sale 12 April 2011 4:28PM The perennial question of whether National Australia Bank is a seller or a buyer of businesses in the UK took on a new aspect overnight, with recommendations, from the Independent Commission on Bank.. read more
ABS rush on 12 April 2011 4:24PM The market for asset-backed securities has an almost boom-time air about it, with the last week's record-breaking flow being followed by yet more new issuance. read more
Feds fertilise flowering RMBS market 11 April 2011 4:41PM The market for mortgage-backed backed securities may be in the midst of its best-ever fortnight - measured by the placement of bonds with investors - with A$4.3 billion in securities sold, or planne.. read more
Kinghorns may abstain on RHG vote 04 April 2011 4:03PM The eligibility of the two cornerstone shareholders in RHG to vote at what could prove to be two extraordinary general meetings of the mortgage financier is under the spotlight. read more
Foreign banks take lead in lending lift 01 April 2011 5:36PM A recovery in business borrowing in February 2011, as reported by both the RBA and APRA yesterday, appears to be the result of a draw-down on syndicated lending facilities, with the bulk of the extr.. read more