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Strategic decisions made in the 1990s by Westpac, and reflected in contracts set early in the next decade, have nearly run their course. Two ten-year IT agreements, with IBM and HP, respectively, are.. read more

A seven-year court wrangle has resulted in a rare court win for a bank customer. NAB was ordered to pay a Sydney property developer $280,000, plus interest, by the Supreme Court of New South Wales&nb.. read more

Suncorp Metway dangled the prospect of a capital return in front of shareholders in its annual report published yesterday. Yet it used the same document to explain that the timing of any return was.. read more

NAB will have to live with narrowing home loan margins for now. Mark Joiner, the executive director of finance at National Australia Bank, walked an industry conference in Melbourne, on Friday, throug.. read more

National Australia Bank will target a return on equity of 18 per cent to 20 per cent, said Mark Joiner. This is consistent with long-term returns for the top 20 companies in Australia, said the bank's.. read more

Large loans to corporate borrowers cannot linger on bank balance sheets, and banks "have got to get it moving through," Mark Joiner, the executive director of finance at National Australia Bank, told.. read more

Banks are taking an optimistic approach toward the level of demand for new loans at the top end of town in 2011 and 2012 after a subdued year so far in 2010. read more

Terms for leveraged loans, often sought by private equity investors, are becoming more like those available in the middle stages of the boom in 2004, a couple of practitioners told the Banking and F.. read more

National Australia Bank and also ANZ are picking up some market share in home loans, the monthly banking statistics from APRA show. read more

A reclassification by Commonwealth Bank of some of the deposits of Bank of Western Australia as business rather than household deposits complicates comparisons in the deposit data on the monthly ban.. read more