More limits on executive pay likely 10 November 2010 5:55PM Further limit on banks' flexibility to work out suitable salary packages with their most senior staff could form one element of the package of banking reforms Treasurer Wayne Swan plans to outline n.. read more
Low yield proposed on CBA retail bond 09 November 2010 5:48PM Anyone considering an investment in the five-year retail bond that Commonwealth Bank yesterday commenced preliminary marketing for may be selling themselves short on the interest rate. read more
Scraps feed the banking debate 08 November 2010 4:52PM Commonwealth Bank helped keep the debate, however scatty, over bank pricing and bank conduct and bank regulation on the front pages of the weekend newspapers, and with more echoes of that debate featu.. read more
Patersons makes grab for Goldfields banking licence 05 November 2010 5:41PM The idea that banking is a difficult and expensive market to enter is being tested at present. Patersons Securities, a growing force in Perth finance, plans to acquire majority control of Goldfields.. read more
Abacus asks: why buy what you already own? 05 November 2010 5:38PM The demutualisation of Goldfields Credit Union will be the third in a decade. Statewest Credit Society, which listed through the Home Building Society in 2006 and disappeared into the innards of Bank.. read more
'Don't tell' policy can't last 05 November 2010 5:34PM The capital buffers that banks carry at present might - or might not - prove sufficient to adapt to the demands of Basel 3, the capital and the liquidity wave rolling from the North Atlantic to the.. read more
First round in court for penalty fees action 05 November 2010 10:49AM The first directions hearing for the penalty fees class action running against ANZ got underway in the Federal Court in Melbourne yesterday. read more
Labor promises reform package 03 November 2010 6:22PM The second term Labor Government already needed to respond to the shadow treasurer's bank policy activism over the last two weeks, and the CBA's home loan rates decision yesterday only intensifies t.. read more
CBA takes on $500m rates risk 03 November 2010 6:10PM Commonwealth Bank followed up the 25 basis point rise in the cash rate yesterday with a 45 basis point rise in its standard variable home loan rate, taking this rate to 7.81 per cent. Interest rates.. read more
Shocking language used by RBA 03 November 2010 6:06PM "A large expansionary shock" is the stark phrase the Reserve Bank of Australia picked to rationalise its increase in the cash rate by 25 basis points, to 4.75 per cent, yesterday. read more