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Standard & Poor's yesterday announced a lowering in the credit rating for the banking business of Suncorp, which the credit rating reduced to A from A+. read more

Linfox, the largest shareholder in Bank of Queensland, is slowly selling down more of its stake in the bank. read more

A handful of niche banks, including some prominent foreign banks, is electing to pass up on the option of offering liabilities covered by the Australian government's guarantee. read more

Operational problems are mounting at Westpac's mortgage processing centre in Adelaide, with turnaround times on some loan applications now as long as six weeks. read more

National Australia Bank will adopt a peculiar arrangement of its top management team with the decision of the new group chief executive, Cameron Clyne, to also take on the task of CEO of the Australia.. read more

National Australia Bank is taking a pessimistic view of the cost of funding banks next year. read more

ANZ is anticipating the need to take increased provisions against loans linked to derivatives, the bank's chair, Charles Goode, told the annual meeting in Brisbane yesterday. read more

Refinancing, restructuring and repositioning by business is generating reasonable demand for new loans by business, and supporting the flow of fee income for banks. read more

Non-bank lenders may be able to market more loans with higher loan to valuation ratios assuming they can attract the Australian Office of Financial Management and other investors to buy into their loa.. read more

Commonwealth Bank's chief executive picked the Financial Review as the journal of choice through which to argue the bank's, and his, case a little more strongly in the fracas between CBA and Merrill L.. read more