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The board of The Rock Building Society, in the notice for the annual meeting next month, has laid out its case for shareholders to brush aside the effort by Queensland Trustees and Investments to elec.. read more

The banking businesses of British bank RBS in China, and also in Malaysia and India, remain on the market after talks to sell them to Standard Chartered ended, reportedly over price. read more

Ford Credit has made a second, and this time commercial, arrangement to refinance its lending portfolio and thus progress toward the wind down of its business in Australia. read more

The board of Commonwealth Bank will cut in half the proportion of the long-term bonus payable to its chief executive, Ralph Norris, based on measures of customer satisfaction. read more

Disputes over credit and referred to the Financial Ombudsman Service increased by 36 per cent to 6700 in the year to June 2009 the annual report for the scheme shows. read more

There is speculation that National Australia Bank will have to sell one of three mortgage aggregation business being acquired from Challenger Financial Services Group in order for the purchase to proc.. read more

Three non-bank funders have qualified for a second, and in the case of one for a third, dose of funding from the Australian Office of Financial Management. read more

Consolidation at the upper end of the credit union sector continues to gather pace. The boards of mecu, based in Melbourne, and Teachers Credit Union, based in Sydney, agreed to recommend a merger to.. read more

John Trowbridge, one of three members of the Australian Prudential Regulatory Authority, yesterday indulged in a little inter-agency finger pointing. read more

Banks in New Zealand are using risk weights, for the purpose of allocating capital, that are between half and twice as much as the risk weights that apply to the same loans when provided by the same b.. read more