Few lenders take a chance on business borrowers

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

UK options for NAB

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

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

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

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

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

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

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

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