ACCC warns banks about price signalling

Graeme Samuel, chair of the Australian Competition and Consumer Commission, has warned banks over signalling their interest rate pricing plans to each other, saying it borders on misconduct. read more

BOQ prefers wholesale funding

Bank of Queensland will seek to wind back what it regards as excess liquidity, and emphasise wholesale funding in its plans for the next year. read more

Low yield BOQ aims high

Bank of Queensland will look to "asset repricing" of its existing loans and the higher yield it can earn from its newly expanded business finance arm to deliver the improvement in margin needed to rea.. read more

Eftpos queues for answers

Eftpos Payments is asking its members and vendors to explain how they might extend a life of a low cost system that makes lower profits for banks than rival schemes. read more

GRG International looks for extra capital

Automatic teller machine vendor GRG International will finally list on the Australian Securities Exchange tomorrow, making it the third specialist operator in the sector with a public listing of its.. read more

IBM in favour at Westpac

IBM may be rowing hard to retain its lucrative Westpac outsourcing contract that notionally draws to an end this year. read more

Hogan upgrade planned for 2014

As expected, Westpac is delaying the work required to update the older version of the Hogan banking system it uses to the more modern version of the same system already used at St George. read more

Small steps for Westpac

Westpac will take more time, and spend more, integrating St George into the bank's operating core Westpac management disclosed at an investor briefing on Friday. read more