Local CEO preferred for Clydesdale 17 March 2011 5:15PM A long-term, local staffer will run the British banking operations of National Australia Bank for the first time in the bank's quarter century of direct investment in the UK. read more
Lending flows lower thanks to floods 16 March 2011 5:12PM Commercial lending and personal lending all fell heavily in January, monthly data from the Australian Bureau of Statistics shows. As with the decline in housing finance already reported, the floodin.. read more
Ninety new shopfronts for Westpac 11 March 2011 5:58PM An intensive program of new branch openings in Victoria is the key feature of Westpac's decision to revive the Bank of Melbourne brand from August this year. read more
Regional con job informs Bank of Melbourne strategy 11 March 2011 5:57PM The rationale for the switch to a new, but old, Bank of Melbourne brand in Victoria for Westpac is the view that a more parochial brand is needed to drive organic growth. read more
Bank of Melbourne revived by Westpac 10 March 2011 5:44PM 'Westpac resurrects the Bank of Melbourne brand in Victoria', The Australian reports. The bank will announce the decision - no doubt coinciding with an advertising push - today. read more
'Breakup' lifts new business at NAB 10 March 2011 5:42PM National Australia Bank's "breakup" marketing campaign is generating an increase in new business flows, the bank said yesterday. read more
Eftpos fees turn positive for banks 09 March 2011 5:44PM Banks will be expected to demonstrate they are investing in improved Eftpos services in order to continue with the revised wholesale fee arrangements that will apply from late this to year. read more
CBA recovers systems 02 March 2011 5:22PM Commonwealth Bank weathered a day of restricted customer service across key electronic banking platforms yesterday, with the nature of the strife exaggerated in florid reporting by many media outlet.. read more
Niche lenders fare better in January 01 March 2011 5:25PM HSBC and AMP are two niche lenders writing new home loans at a rapid pace, while a third, Bendigo, is showing sprightly gains. read more
HSBC in the pink 01 March 2011 5:18PM The pre-tax profit of HSBC increased 30 per cent, to US$258 million, in the year to December 2010, the annual report for the banking group published overnight shows. read more