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Commonwealth Bank will sell more than twice as much in hybrid securities under its PERLS V offer than first suggested, raising at least $1.5 billion. read more

Talk of excess capital among banks in Australia, and methods of returning this notional excess, such as share buybacks, sits uneasily with the continuing tenor of the worldwide debate over banks and c.. read more

National Australia Bank continues to invest in local portfolios of banking businesses in the United States. NAB's subsidiary Great Western Bank announced on Friday that it will buy 32 branches in Nebr.. read more

Police & Nurses Credit Society reported a 50 per cent decline in profit to $9.7 million in the year to June 2009. read more

What messages might the ACCC be sending in the early stages of its inquiries into the proposed takeover by National Australia Bank of the mortgage management business of Challenger? read more

The media noise and to some extent bank data on delinquencies and impairments may tell a different story, but one source of official data on business failure suggests that things are no worse in mid 2.. read more

A consultation paper on responsible lending published yesterday by the Australian Securities and Investments Commission won't lead to much rewriting of lending manuals. read more

Australia Post will follow the lead of many of its offshore counterparts and begin to sell car, household and travel insurance. Post steered publicity for its push into insurance into metropolitan new.. read more

The continuing strife in ANZ's New Zealand businesses may not faze equity investors for the time being. read more

RHG yesterday provided a clearer, and stark, warning to investors of the implications of any inability to work out terms with the funders of its closed and declining mortgage book. read more