Operational risks rising at NAB 29 October 2009 5:27PM One detail itemised by National Australia Bank at note 4 to its 2009 full year accounts is the "charge to provide for operational risk event losses". read more
A capital planning conundrum 29 October 2009 5:26PM One topic that the dreamier followers of banks would like clear guidance on from banks at the moment is their capital management. They are unlikely to receive much. read more
Export finance available, but not in demand 28 October 2009 5:42PM One interesting indicator of the subdued demand from businesses for credit is the annual report of the Export Finance and Insurance Corp, one of the Australian government's few remaining financing bus.. read more
ING exits insurance and sticks to banking 27 October 2009 5:54PM ING will divest itself of its insurance and asset management businesses worldwide, and also sell its ING Direct banking business in the United States. Select banking businesses in its home market in t.. read more
Johansen frets over banking hazards 27 October 2009 5:52PM Robert Johansen, chair of Bendigo and Adelaide Bank, chimed in on the debate over the consequences of the extensive government financial aid to banks, worldwide, at the bank's annual meeting yesterday.. read more
Bendigo limited by funding options 27 October 2009 5:52PM Bendigo and Adelaide Bank remains worried over the availability, and price even if available, of retail and wholesale funding. So in turn, the bank wonders about its ability to effectively compete eve.. read more
Banking consensus on Eftpos fee shift 27 October 2009 5:49PM The usual line-up of protagonists mailed, or emailed, in pretty predictable submissions to the Payments System Board over the PSB's plans to loosen the controls on the setting of interchange fees on E.. read more
Disappearing debentures 23 October 2009 5:37PM Debentures, while a pretty outdated investment class heading into the credit crunch, have withered further as a savings option over the last two years. read more
Equity requirements better defined, but still voluntary 23 October 2009 5:35PM Of the 15 finance companies and mortgage trusts that have gone broke or gone into administration over the last year or so 10 turned out to have a thin equity base, and probably thinner in reality than.. read more
43 cent returns for debenture investors 23 October 2009 5:31PM Investors in the debentures of 15 failed finance companies and mortgage trusts will have lost more than half of their money, on average, by the time the administrators and liquidators of the funds hav.. read more