Roy Morgan discounted at CBA

Commonwealth Bank will ignore adverse trends in customer satisfaction with the bank and pay staff a four per cent annual bonus. read more

Asset quality drifts for NAB

Bad debt expenses are down, but not by much, and there was no real improvement in asset quality at National Australia Bank in the December 2010 quarter. read more

A$7 billion in UBank

The UBank brand of National Australia Bank surpassed A$7 billion in deposits, the bank's finance director, Mark Joiner, told an investor briefing yesterday. read more

Treatment of hybrids a worry

The treatment of hybrid securities under the new capital rules for banks is "is now the most important transitional issue that we're focused on", Mark Joiner, finance director at National Australia.. read more

B of A expecting more from QBE for Balboa

How much QBE Insurance Group will pay Bank of America for the insurance assets and liabilities of Balboa Insurance Company, and the rights for QBE to sell insurance to Balboa customers, is something.. read more

Floods immaterial to Genworth

Flooding in south-east Queensland and elsewhere has affected only four per cent of home loans over which Genworth Financial provides mortgage insurance to lenders. read more