CBA padding business and consumer margins 12 February 2009 5:32PM There are a few markers of the increased profit margins extracted by Commonwealth Bank across its lending portfolio over the last year in the bank's December 2008 profit release. read more
Third party loans yet to fire for Australian Central 12 February 2009 5:31PM Australian Central Credit Union may need to work harder on its modified strategy in order to offset the lower yield from its conventional lending and transaction business. read more
Home loan market turns for banks 12 February 2009 5:30PM The first home owners grant and lower interest rates are combining to stimulate demand for new loans, and banks rather than other lenders continue to be the beneficiaries of this flow of new business. read more
TARP 3 unveiled by Geithner 11 February 2009 5:31PM More of the same, only a lot more of it might be the best way to summarise the revised plan produced by the new US Treasury secretary, Tim Geithner, to stabilise and revitalise the American banking sy.. read more
New business falls one quarter for Genworth 11 February 2009 5:30PM The Australian arm of mortgage insurance company Genworth contributed net income of US$40 million in the December 2008 quarter to its owner, and steady with the profit in the same quarter a year ago. read more
EFIC fills a funding gap 11 February 2009 5:30PM After a lengthy lull in demand, the Export Finance and Insurance Corporation is beginning to drum up business under its commercial account as companies search for alternative finance options. read more
Keybridge slowly winding down 11 February 2009 5:28PM Keybridge Capital will stop investing, stop paying dividends and may eventually return capital to shareholders, though not for another three years or more. read more
NAB and ANZ earnings largely in order 09 February 2009 6:00PM Being in the business of business lending and thus being in a position to consolidate lending opportunities and to charge a higher margin for it appears to be a satisfactory position for members of Au.. read more
NAB concentrates on higher margin business segment 09 February 2009 5:59PM National Australia Bank conducted a short market briefing on Friday to elaborate on its three-page quarterly trading update, in what may prove to be a regular event. read more
$95 billion supported by wholesale guarantee 09 February 2009 5:57PM Bank have utilised the Australian government guarantee on large deposits and wholesale deposits to cover $95 billion of liabilities, the quarterly statement on monetary policy published by the Reserve.. read more