NAB scouting for small takeovers in Britain 29 September 2009 4:38PM National Australia Bank is looking into making offers to take over one or more building societies in Britain, The Observer newspaper reported. read more
ANZ hires Phil Chronican 29 September 2009 4:38PM Phil Chronican will take over as chief executive of ANZ's Australian banking business from November, the bank said yesterday. read more
Modest spending on Myer cards 29 September 2009 4:37PM Myer Holdings yesterday provided some glimpses into its payment card business with the publication of the prospectus for the forthcoming initial public offer. read more
Hardship test up to the courts 29 September 2009 4:36PM It will be up to the courts to determine the meaning behind terms such as 'hardship' and 'appropriate' in the new credit licensing law, ASIC commissioner Peter Boxall told a Melbourne Centre for Finan.. read more
The September run on Suncorp 28 September 2009 4:56PM In the group's annual report, published on Friday, Suncorp more or less confirmed, at long last, the fact, though not the significance, of its near-death experience 12 months ago. read more
Goodwill impairment taken at Suncorp 28 September 2009 4:55PM Commercial insurance may be, alongside banking, one of the weaker links in the chain that comprises the Suncorp Metway financial group. read more
Joint venture not such a bad business 28 September 2009 4:54PM One piece of received wisdom worth putting into perspective is the suggestion that the ANZ and ING joint venture is in some fashion an underachiever, in the life segment at least. read more
Path clear for Asian wealth spend-up by ANZ 28 September 2009 4:54PM While most of ANZ's domestic banking businesses are, in practice, starved of capital for growth at present, the management rhetoric around the acquisition of ING's majority stake in the pair's wealth.. read more
Less demand for deposit guarantee 25 September 2009 4:50PM Demand for use of the government guarantee on deposits of more than $1 million and on short-term bank debt is falling, the latest Financial Stability Review published by the Reserve Bank of Australia.. read more
Mechanics of deposit insurance back up for debate 25 September 2009 4:49PM The Council of Financial Regulators is considering recommending that banks pay a fee up front for deposit insurance once the current fee-free scheme, which covers deposits up to $1 million, expires. read more