Deposit pricing tough for ING

ING Bank (Australia) yesterday said it earned a net profit of $133 million in the the six months to June 2010, the first half of the bank's financial year. read more

Loan strife still dragging on bank profits

The net profit of Commonwealth Bank - at $5.66 billion in the year to June 2010 and up 20 per cent on 2009 - isn't really a record. In fact, thanks to the continuing annoyance of BankWest and its en.. read more

Fiji loss for CBA

Commonwealth Bank recorded a loss on sale of $30 million from its sale of Colonial National Bank to Bank South Pacific at the end of 2009, CBA's full year financials show. read more

Profit scraps in Asia

Commonwealth Bank yesterday reported a handful of data points on the earnings of its businesses in Asia as part of the bank's full year profit. read more

Just block NAB the popular view

Business commentators on metropolitan newspapers take a pretty consistent view of the adjustments devised by National Australia Bank and Axa to shepherd the former's bid for the latter past the ACCC.. read more

June quarter the benchmark for Bendigo

Above system growth on the asset side of the balance sheet over the June quarter was one feature of the full year result that management of Bendigo and Adelaide Bank was keen to emphasise at yesterd.. read more

Price-taker Bendigo ready to follow

An increase in margins on home loans would suit Bendigo Bank quite well, with an additional 10 basis points sending $30 million a year straight to the bottom line. read more

Basel 3 planning under way

While much of the recent talk on bank rules centres on Basel 3, Bendigo and Adelaide Bank have pushed on with their effort to progress through the ranks set in place under Basel 2. read more