Few lenders take a chance on business borrowers 19 January 2010 5:32PM Amid the optimism over the outlook for bank profits and perhaps the valuation of bank stocks - for which last Friday's minor profit upgrade by Commonwealth Bank is the recent driver - there's not much.. read more
Little improvement in credit quality over September quarter 18 December 2009 5:43PM The three big banks that reported full-year earnings recently all suggested that their experience with bad debts was less severe in the final quarter of their year (to September 2009) than was the cas.. read more
UK options for NAB 18 December 2009 5:43PM National Australia Bank yesterday confirmed that it was in talks with others in the banking market in Britain over options for consolidation of NAB's businesses in that market. read more
BIS suggests three-year transition 18 December 2009 5:42PM Banks may be making some headway in efforts to lobby global financial regulators to give them more time to adapt to the framework of new rules supported by many national regulators. read more
Same reliance on foreign funding 17 December 2009 5:49PM The structure of the liability side of bank balance sheets is not all that different after more than two years of upheaval in financial markets: they are just a lot larger. read more
Most bank funding unstable 17 December 2009 5:48PM RBA deputy governor Ric Battelino left out any discussion of the maturity of bank liabilities in his speech at the Australasian Finance & Banking Conference 2009 yesterday, but did go on to touch.. read more
Evans talks rates for Westpac 17 December 2009 5:47PM Other banks really need to follow Westpac and lift their own interest rates in a manner consistent with that of the price leader, or that appears to be the theme of the bank's defence of its home loan.. read more
Profits recover for credit unions 16 December 2009 5:51PM The beginnings of a recovery in profit are under way for credit unions after a difficult financial year, quarterly data prepared by the Australian Prudential Regulation Authority shows. read more
Conduits not needed 15 December 2009 5:41PM Westpac is proving to be an important friend to the surviving firms that built their home loan business - either as funders or distributors - on the flow of money marshalled from the capital market in.. read more
Gateway a start for Yellow Brick Road 14 December 2009 5:43PM The credit union that serves staff of Commonwealth Bank will fund the entry to the home loan market of Yellow Brick Road, the financial planning business headed by Mark Bouris (one of the founders of.. read more