425

Delinquent commercial property loans continue to be a drag on the business of Lloyds Banking Group in Australia, though not quite as severely as in the recent past. read more

The effort by financial technology provider GBST to prove some competition in the business of providing calculators for bank and other websites that work out loan repayment terms or measure savings.. read more

Banks looking for opportunities to tinker with pricing and stretch margins might be frustrated at the consensus emerging over when the Reserve Bank of Australia will next lift the cash rate, which l.. read more

While the rumours are building over National Australia Bank slowing, or even shelving, its "NextGen" project to overhaul the technology platform that supports the bank's core banking applications, o.. read more

The fuel card and pre-paid card businesses of Retail Decisions in Australia will be sold to US payment processor Wright Express. Wright and ReD's UK-based owner Palamon Capital Partners announced th.. read more

A favourable tax ruling helped lift the profit of Genworth Financial in Australia in the June 2010 quarter, financial statements for the US-based mortgage insurance firm show. read more

Margins improved for HSBC in Australia and New Zealand over the June 2010 half, the interim management statement for the global banking group, published overnight, shows. read more

National Australia Bank last week put some effort into highlighting the one year anniversary of its public relations push for the simplification of fees on many transaction accounts. A persistent ques.. read more

Correcting from Friday's edition: ASIC advise that there is an extended stop order in relation to the prospectus for My ATM Holdings rather than a final stop order, as recorded (erroneously) in the.. read more

In an indicator of the dour outlook for international financial markets, on Friday Macquarie Group revised its outlook for its current financial year (to March 2011). read more