Copycat CBA lowers exception fees 06 August 2009 4:08PM In the predictable pricing dynamics of the banking industry, the price leadership of National Australia Bank over penalty fees on many banking transactions, publicised two weeks ago, is producing foll.. read more
No great profits for ANZ from RBS Asia 05 August 2009 4:48PM With no other serious rivals in the end ANZ negotiated what is probably a fair price to buy most of the banking businesses (but not licences) of Royal Bank of Scotland in six markets in Asia. ANZ and.. read more
Asian vision still out of focus for ANZ 05 August 2009 4:47PM There was talk about Asia as the engine room of the world economy, talk of trade flows between Australia and Asia and talk of the virtue, to shareholders, of owning a piece of a banking business set t.. read more
OzCar yet to leave the workshop 05 August 2009 4:45PM Ford may finally be able to tap into big-bank-provided and Australian government-guaranteed funding for its Australian vendor finance arm now that the sideshow of the Utegate affair has reached the mi.. read more
HSBC profit softens in June half 04 August 2009 4:04PM HSBC reported a mildly reduced profit in Australia for the second half in a row, group financial statements for HSBC published overnight show. read more
Household savings shifting out of cash 03 August 2009 4:37PM Household deposits held in the banking system fell around $2.5 billion, to $427 billion, in the month of June 2009, Australian Prudential Regulation Authority data published on Friday shows. read more
Higher revenues and increased claims at Genworth 31 July 2009 4:49PM Increased lending activity, particularly among the first home buyer segment, is producing a pick up in business at Genworth Lenders Mortgage Insurance in Australia and New Zealand. While new business.. read more
Were worth less 30 July 2009 4:23PM "The contribution to NAB group earnings and ROE is not expected to be material in the first year", the bank wrote in a media release yesterday announcing that it will take control of the private clien.. read more
NAB getting a retail strategy and PR conscience 29 July 2009 4:56PM Some sort of renovation of National Australia Bank's positioning in the retail banking market in Australia must be on the cards, with the bank planning to eliminate some penalty fees on some everyday.. read more
Fretting over a housing bubble 29 July 2009 4:55PM The superficial signs of a pick up in availability of loans for housing and the implications of that trend was one theme raised by Glenn Stevens, governor of the Reserve Bank of Australia, in a speech.. read more