BOQ vague on CIT details

Bank of Queensland yesterday completed two acquisitions announced earlier in the year, one in equipment finance and one in insurance. read more

BOQ places convertible notes

Bank of Queensland is in the market for capital, yesterday announcing plans to sell $150 million in convertible notes through a private placement. read more

Deposits flat in May

Households may be finding uses for their savings other than slapping them into a bank account, with virtually no growth reported in bank deposits over the month of May 2010, monthly data from the Au.. read more

Break fees holding firm

Lenders are likely to find they have a lot of latitude in setting break fees and other fees on home loans once the National Credit Code comes into force later this week. read more

Adverse pricing bites at Westpac

Westpac's decision in December to add 20 basis points to home loan pricing, on top of a 25 basis point increase in the official cash rate, is still biting at the bank's customer satisfaction rating. read more

Five hundred take chances with an EFM

Five hundred hardy families is the extent of the market opened up, to date, by Rismark International in their quest to make co-investment in the family home by outsiders a viable financing option. read more

Plenty Credit Union merges with CUA

Plenty Credit Union, a small community credit union serving Melbourne's north-east, will fold into Credit Union Australia, the two groups announced yesterday. read more

An on and off day for ANZ

A hard disk failure left hundreds of thousands of customers of ANZ waiting for service yesterday. For many customers internet banking, telephone banking and the call centre service either did not wo.. read more