AMP and Bendigo keep up the pace in February

AMP Bank and Bendigo and Adelaide Bank maintained their above average growth in home loans in February 2011 - a month in which the rate of growth in lending continued to moderate across all lenders. read more

HSBC sucks in hot money

HSBC reported smart growth in its household and business deposits in February 2011, monthly data from the Australian Prudential Regulation Authority shows. read more

Wilson and Cadence lead RHG revolt

Wilson Asset Management and Cadence Asset Management are taking steps to persuade the board of RHG Limited to reconsider plans to delist the company, and yesterday they gave notice of a proposal to.. read more

NAB nudges CBA on satisfaction scores

Commonwealth Bank's hard-headed home loan pricing decision of late 2010 continues to erode its gains in the customer satisfaction ratings published each month by Roy Morgan Research. read more

Business lending in the doldrums

Banks are, or were, overwhelmingly dependent on the household sector for new business in the December 2010 quarter, the National Financial Accounts show. read more

RBA cautions on Asian adventures

In a section of the Financial Stability Review that can only have been written with the ANZ in mind, the Reserve Bank of Australia yesterday listed some of the "challenges associated with being a ne.. read more

Insurer picks up Fincorp bill

Bendigo and Adelaide Bank said yesterday that the insurer for its Sandhurst Trustee subsidiary would wear the $29 million cost of the proposed settlement of the class action bought on behalf of inve.. read more

Mutuals covered on bond reform

Small banks, including mutuals, will be able to pool assets in order to make effective use of covered bonds once they become a funding option later this year. read more