Two-year-old merger in the news

Some modern banking history receives an airing in The Australian today. ANZ and National Australia Bank, over the early months of 2008, negotiated the principles for a merger between the two banks b.. read more

Billion dollar milestone at ME Bank

ME Bank is kicking a few goals in its quest to develop the deposit side of its business, and a key strategic goal for a bank that until the credit crunch was more or less wholly dependent on wholesa.. read more

Innovation review by PSB

The Payments System Board on Friday announced that it plans to "undertake a strategic review of innovation in the Australian payments system." The PSB said it anticipates releasing a consultation do.. read more

Charge cards made losses in 2009

The two dominant charge card companies traded in the red for a second year in a row in 2009, financial statements for American Express Australia and Diners Club show. Receivables also fell, reflecti.. read more

Kiwibank needs capital

New Zealand's National government on Friday indicated that it was likely to sell Kiwibank, though it may wait until after the next election to do so. read more

$15 penalty fees satisfy ComCom

Late payment fees on credit cards need to be more no more than NZ$15, the Commerce Commission advised banks and credit card issuers in New Zealand. ComCom made its view - issued in the form of "comp.. read more