MyState switches CEO 26 May 2009 4:34PM MyState Financial yesterday said it appointed John Gilbert as its new chief executive, effective tomorrow. He replaces Chris Brooks. read more
Diners also in the red 22 May 2009 4:53PM Settlement of the second of the long-running wrangles with the administrators of Ansett Airlines and the costs of absorbing the business into Citi pushed Diners Club into the red in 2008, though the c.. read more
More losses for American Express 22 May 2009 4:53PM American Express Australia reported its second loss in a row in the year to December 2008, annual financial statements for the corporate and consumer credit provider show. read more
ATM choice adapts to on-screen fee 22 May 2009 4:52PM About 160,000 people a day changed their choice of automatic teller machine at which to withdraw cash during the month of March 2009, Reserve Bank of Australia payments data suggests. read more
Suncorp BOQ merger the likely option 21 May 2009 4:32PM A merger of Suncorp and Bank of Queensland, and then possibly a separation of the expanded banking business from Suncorp's insurance business, may be a more likely option than any kite flying about As.. read more
Eftpos regulation may remain 21 May 2009 4:29PM The Payments System Board dropped a pretty big hint yesterday that regulation of Eftpos interchange fees, and access, may remain in place. read more
Members Equity retains big ambitions 18 May 2009 5:22PM Members Equity Bank still retains ambitions to provide an effective alternative to the big banks, with the board seeking to adapt the strategy and aiming to fund as much as half its lending from retai.. read more
MEB looks to grow deposits 18 May 2009 5:21PM One business goal forced on Members Equity Bank by the advent of the credit crunch is to generate its own capacity to raise deposits. read more
HBOSA impairments exceed five per cent 18 May 2009 5:11PM HBOS Australia reported an underlying profit of $402 million in the year to December 2008, down 49 per cent on 2007, financial statements filed with ASIC show. read more
GMAC, GE also receiving federal aid 15 May 2009 4:29PM GMAC and GE Money look likely to steer a portion of their remaining funding for car and truck dealers through the financing trust supported by the Australian government. read more