FastDoc fraud generates loss for GE

GE Money has had to wear a loss of $124,000 on a loan to Sydney borrower after the Supreme Court of New South Wales ruled that a broker submitted forged and fraudulent paperwork to the lender. read more

Customers generating cash

The business model of Customers Limited is finally generating cash in the hands of shareholders, with plans by the board for the company to return eight cents a share, or $10.7 million, by way of a ca.. read more

Sales lift for GFG

GFG Group, a New Zealand-based vendor of payments software and services to banks and mobile network operators, yesterday sought some publicity for some basic sales (rather than financial) data. read more

Liquidated swaps works for AOFM

The Australian Office of Financial Management said it generated gains of around $1 billion from its decision to unwind its portfolio of interest rate swaps. AOFM made the decision to do so in mid 2008.. read more

Bond register a dud

There's not much likelihood that the Australian Office of Financial Management will find a way to meet a new, statutory obligation to provide a quarterly list of the ownership of all bonds issued by,.. read more

one direct scrapped by ANZ

ANZ confirmed over the weekend that one direct, a retail banking brand launched in 2006, is effectively being wound down. read more

BOQ still for sale

Plans for, or perhaps that's really a hope for, some sort of "transformational" transaction remain a strategic goal for Bank of Queensland. read more

Profit springing back at BOQ

Bank of Queensland's earnings are recovering from what turned out to be only a minor dip thanks to the credit shock, not that BOQ's earnings were anything special in the first place. read more