411

AMP yesterday revived its bid for Axa Asia Pacific in a combination that management is this time styling as a "fifth force" in financial services. read more

Mike Smith, chief executive of ANZ, exceeded six of 14 performance measures listed in the bank's annual report, published yesterday. Smith "met" four more targets and "met in majority of business" t.. read more

Most of Suncorp Bank's Sydney ATM fleet is to be owned and operated by GRG Group, the latter announced yesterday. read more

The trend toward cloud computing is ringing alarm bells at APRA, with the financial regulator writing to banks and insurers to remind them about the need to conform to established policies on outsourc.. read more

Commonwealth Bank yesterday produced an uninspiring trading update for the first quarter, - one contained by "muted" credit growth and retail margins described as "the lowest ever". read more

Commonwealth Bank walks away with the richest share of the pickings from the last fortnight's banking feast - one that, at a click of the wrist, delivers a notional addition to profit of $1.1 billio.. read more

Commonwealth Bank is working the final weeks of the calendar year hard to drum up new sources of wholesale funding from the domestic market. read more

RHG Limited, the former Rams Home Loans, will sell its residual home loan book and return its net assets to investors, the company announced at its annual meeting, held in Sydney yesterday. read more

ANZ is making a big effort to cut through the noise generated by its 39 basis point rise in home loans rates. It's not only wiping out exit fees on its own loans, but is also offering to pay $1000 t.. read more

The final version of ASIC's guide for lenders on its approach to break fees on home loans is a little friendlier towards borrowers and a little stricter towards providers than the first draft. read more