mecu takes options on MyState 30 September 2010 3:11PM mecu has emerged as the owner of stake of 1.62 per cent in MyState, a now demutualised and ASX listed credit union. read more
Wider mortgage margins inevitable: Westpac 30 September 2010 3:02PM Westpac might be preparing its customers for a further widening in margins on home loans. Rob Coombe, group executive, retail and business banking, at a speech in Sydney yesterday, said that the price.. read more
NAB tidies up credit card policies 28 September 2010 4:28PM National Australia Bank will adapt its pricing model for credit cards to conform to the announced policy of the Labor government. read more
SWIFT meeting price targets 28 September 2010 4:27PM One corner of the banking industry making strides to cut costs is SWIFT, the international banking cooperative that provides messaging services for many bank transfers. read more
Rock looks for mutual mergers 28 September 2010 4:26PM The Rock Building Society is looking to mutual financial institutions as future merger partners, and appears to be looking for an alternative to acceding to any future offer from a buyer such as Ban.. read more
Treasury Red Book silent on key issues 27 September 2010 4:41PM Some critical, and banking-related, topics are missing from the Treasury briefing for the incoming minority Labor government, published on Friday. read more
Relaunch for David Jones co-brand 23 September 2010 4:19PM The co-branded credit card of David Jones will receive a "relaunch" next month, management of the retail chain said at an investor presentation yesterday. read more
Armidale folds away 22 September 2010 4:39PM One of the smallest of Australia's approved deposit-taking institutions pulled stumps yesterday. Armidale Building Society agreed to merge with Greater Building Society, adding a couple of branches.. read more
IMF and Blackburn still seeking claimants 22 September 2010 4:39PM Four months after litigation funder IMF (Australia), its associate Financial Redress and Melbourne Labor law firm Maurice Blackburn whipped up a media frenzy over a planned class action against bank.. read more
Mirvac selling bonds 22 September 2010 4:36PM Mirvac, a lesser property developer, yesterday joined an unusual short list, taking fourth place in an interesting queue of vendors of own-name term loans in the capital market over the last week or.. read more