FSF now the Financial Stability Board

The Financial Stability Forum, a talking shop of international financial regulators, will be beefed up and renamed as the Financial Stability Board and its membership broadened as one of the decisions.. read more

Third line forcing fine by ASIC

The Australian Securities and Investments Commission raised no real objection to the proposed steering of customers of Wizard Home Loans to Aussie Home Loans under a controversial agreement in the dea.. read more

Few syndicated loans in first quarter

In one measure of the subdued demand in the debt capital market, banks finalised only US$5 billion in syndicated loans in Australia and New Zealand during the March 2009 quarter, down from US$21 billi.. read more

EC prevails on card interchange

The drawn-out struggle between MasterCard Worldwide and the European Commission over the level of interchange fees on card-based payments in Europe has finally been resolved. read more

Westpac told but did not listen

Westpac copped a warning from the Australian Communications and Media Authority over what the regulator described as prohibited telemarketing calls. read more

Australia an emerging market

The Australian Prudential Regulation Authority yesterday said in a media release that it and the Reserve Bank of Australia would join an enlarged governance body for the Basel Committee of the Bank fo.. read more

Returns halve at Great Western

National Australia Bank paid $US20 million for the Colorado-based assets of First Community Bank through its subsidiary Great Western Bank, the US bank announced a week ago. read more