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Morgan Stanley Smith Barney aims to double its adviser numbers and client numbers over the next two years, Steve Harker, CEO of Morgan Stanley Australia said yesterday. read more

Commonwealth Bank is considering selling part of its 49 per cent stake in BoCommLife Insurance to its partner, Bank of Communications, to meet China's regulatory requirements on foreign ownership limi.. read more

The Australian Office of Financial Management yesterday named five home loan providers that will share up to $3.4 billion in funding this year under Australian government programs to shore up competit.. read more

Around half a million small business customers of National Australia Bank will share in the savings from the effective elimination of several dishonour fees announced yesterday by the bank. read more

A long-serving industry lobbyist will take the helm at the Australian Bankers Association. read more

National Australia Bank continues to tip additional capital into its main subsidiary in Britain. Documents filed with the companies regulator show NAB injected another £160 million in December. read more

Large, foreign-owned companies in New Zealand may be steered through proposed changes to the tax rules toward a reduced reliance on debt and greater use of equity to fund their operations. read more

Mortgage aggregators still dealing with Rams learned yesterday of the bank's decision to withdraw Rams-branded loans from the broker channel. read more

Westpac is taking further steps to curtail lending growth in the home loan sector. The bank will cease to originate loans under the Rams brand through mortgage brokers. The bank has also reduced the c.. read more

Rams had already cut small aggregators, and a minority of broker relationships, in recent months, a decision at the time tied to service standards. read more