$1.3bn in fees for Federal backstop 03 November 2009 5:52PM Updated budget papers for the Australian government provide some more data on the use by financial institutions of the various guarantee schemes on bank liabilities. read more
Gas crash a lesson for Macquarie 02 November 2009 5:50PM Amid the smorgasbord of write-downs and revaluations that coalesces with the everyday revenue flows from interest income (flat), fees (flat) and trading income (up) for the Macquarie Group in its Sept.. read more
Macquarie Bank gets capital 02 November 2009 5:49PM Macquarie Group chipped $675 million into its banking subsidiary during the first half of the group's financial year. read more
No capital relief for banks 30 October 2009 5:11PM ANZ yesterday brushed away one of the stranger ideas to circulate in Australian investment circles over the last six weeks, namely the notion that banks could be considered to have surplus capital and.. read more
NAB picks cream of RHG loans 30 October 2009 4:51PM The cherry picking of the mortgage book of RHG by the firm's bankers is underway. RHG told the ASX yesterday that National Australia Bank enforced rights to buy $440 million worth of home loans at par.. read more
Sorting out the systems mess the Suncorp priority 29 October 2009 5:32PM Sorting out the jumble of Suncorp's legacy systems looks to be the top priority of the insurance and banking group's new chief executive, Patrick Snowball. read more
Tax Office debts take off 29 October 2009 5:32PM Tax debts owed by business and households climbed by 12 per cent in the year to June 2009, the annual report for the Australian Taxation Office shows. Collectable debt increased by only one per cent i.. read more
Suncorp happy with banking 29 October 2009 5:31PM Suncorp's banking arm is "core to the group", the insurer's new CEO, Patrick Snowball, told the annual meeting in Brisbane yesterday. read more
ROE mirage for NAB 29 October 2009 5:28PM Whether National Australia Bank's management really mean it, is doubtful, but one morsel of aspiration (you wouldn't call it guidance) offered up yesterday by management in the investor briefing on th.. read more
Second half loss for NAB 29 October 2009 5:28PM The profit highlights of National Australia Bank for 2009 are principally lowlights, and feature skinny profits in Britain and New Zealand, bad debts escalating as rapidly in the second half as in the.. read more