Board clout for Customers

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

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

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

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

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

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

Life in Lloyds yet

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

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

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