Board clout for Customers 18 November 2010 5:41PM ATM operator Customers Limited announced board changes and acquisitions yesterday, with the company's new directors indicating an accelerating agenda at the firm. read more
Profit debate takes place at the margins 18 November 2010 5:36PM That profits were rising recently, and to healthy levels, is one detail in the banking debate that may be best acknowledged rather than recast in the confusing wrangle over measuring margins. Return.. read more
Serious support for small fry will cost banks 18 November 2010 5:32PM The banking reform package is already defining winners and losers among Australia's listed banks stocks. Major banks will be among the losers, while the winners will number regional banks, especially.. read more
Peak profit margins to protect 17 November 2010 6:10PM Quarterly banking statistics published by APRA yesterday highlight one dimension of the bank profit debate: that it's peak profit levels banks are seeking to secure and entrench. read more
Deposit ratio softens once more 17 November 2010 6:08PM While there is much talk about the need to increase the proportion of deposit funding of banks, the industry has seen fit to work with a decline in this ratio for each of the last four quarters, qua.. read more
Rate rationale reconsidered by RBA 17 November 2010 6:05PM In unusually expansive minutes from its November 5 board meeting, the Reserve Bank of Australia makes a series of observations on bank funding that qualify, and almost retract, a line of argument it.. read more
Foreign bank losses recur 17 November 2010 5:57PM Foreign bank branches continue to be a source of periodic losses. read more
Life in Lloyds yet 17 November 2010 5:53PM Lloyds Bank is bringing its largely dormant Australian branch to life. The bank is marketing a three-year senior domestic debt issue, Insto reports. read more
Tyndall price less than advertised 17 November 2010 5:52PM Suncorp will receive A$80 million from Nikko Asset Management for Tyndall, a small fund manager that the insurance and banking group preferred to swap for cash and capital. read more
Capital ratios sound for CUBS 17 November 2010 5:49PM The top 10 credit unions lifted their market share of the sector from 62.5 per cent, in 2009, to 65.4 per cent, in 2010, the annual KPMG survey of the sector shows. read more