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Commonwealth Bank made an admission, of sorts, and paid a $100,000 fine over the episode in December 2008 when Merrill Lynch (briefed by CBA) and perhaps some institutional investors contacted by Merr.. read more

The facts of the solvency, or otherwise, of one or more of the four Australian banks at the peak of the financial crisis in October 2008 is a topic generating some heat over the last day or so. read more

The requirement to justify the goodwill on subsidiaries, and no doubt the desire to avoid any impairment, mean that the firm's owner, Once Pty Ltd, is projecting average revenue growth at InfoChoice o.. read more

No doubt to the delight of non-banks and smaller banks and their lobbyists, the Australian government will stump up another $8 billion in "support" for - which may not mean actual investment in - the.. read more

Business loans, but not, it seems, commercial mortgages, will qualify for investment from the Australian government in its third round of funding intended to sustain the competitive position of lender.. read more

In a sign of a probable, planned bond sale by The Rock Building Society, Moody's released a rating on The Rock on Friday. Moody's assigned 'Baa3/P-3' long- and short-term credit ratings with a stable.. read more

The Asset Yield Trust yesterday said it lifted its provisions for impairment on loans to investors in managed schemes of Great Southern Plantations to $16.7 million from a provision of $4.3 million re.. read more

Full-year accounts for Commonwealth Securities provide a few scraps of data on the trajectory of CBA's ever-improving stockbroking arm. read more

The High Court in New Zealand yesterday ruled in favour of the Internal Revenue Department and against Westpac in a long-running wrangle over the tax treatment of structured finance transactions enter.. read more

The board of RHG will not be supporting the election of a pair of activist investors to its ranks. read more