Rapid growth at ANZ Panin

ANZ's subsidiary in Indonesia is growing at a rapid rate. Some public relations for a new branch opening in Semarang, and reported by Bisnis Indonesia, show that ANZ's assets multiplied threefold over.. read more

Suncorp and Greater secure AOFM support

Suncorp Metway and Greater Building Society will be the next two recipients of investment by the Australian Office of Financial Management in pools of mortgage-backed securities the AOFM said yesterda.. read more

Tanner hints at activist agenda

There may be hints of interest in a wider, regulatory reform agenda in the sphere of financial services in a speech delivered yesterday in Sydney by Australia's finance minister, Lindsay Tanner. read more

Asia first for ANZ's new head of strategy

The new strategy chief at ANZ will report to the bank's chief executive for Asia Pacific, the bank said in a media release on Friday, reinforcing one theme about the bank's strategic direction. read more

Retail capital flood for ANZ

ANZ confirmed the ready availability of capital for the largest companies, and especially banks, with the sale of $2.2 billion in new shares to 40 per cent of the bank's investor base. read more

Colorado book upsized for Great Western

Great Western Bank acquired a much larger book of deposits and loans from its purchase of a branch network in the US state of Colorado than originally foreshadowed. Great Western is the US banking sub.. read more

Tasmanian JV bought back by Bendigo

MyState Financial and its partner Tasmanian Perpetual Trustees will sell the latter's half share in the Tasmanian Banking Services joint venture to Bendigo and Adelaide Bank for between $5 million and.. read more

Liddy halves BOQ holding

David Liddy, managing director of Bank of Queensland, sold around 45 per cent of his shares in the bank on June 30 to repay a loan to RBS. The bank disclosed the share sale to the ASX yesterday. read more