FastDoc fraud generates loss for GE 23 October 2009 5:29PM 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
ANZ and NAB mildly muddled over Astarra custody 22 October 2009 5:04PM There appears to be little follow up in other media today to the Sydney Morning Herald's news break yesterday on the ponzi scheme (which it what is implied) trading as Astarra Strategic Fund. read more
Customers generating cash 20 October 2009 5:52PM 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 20 October 2009 5:51PM 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 20 October 2009 5:50PM 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 20 October 2009 5:48PM 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 19 October 2009 5:59PM 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 16 October 2009 5:48PM 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 16 October 2009 5:47PM 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
NZ Treasury puts a price on the retail guarantee 15 October 2009 5:30PM New Zealand's government has provided for NZ$816 million in its financial statements as at 30 June 2009 to allow for future payments under the guarantee for small, and mainly non-bank, financial insti.. read more