NAB digs retail capital 28 May 2020 6:17AM National Australia Bank increased its post-results capital raise under the retail share purchase plan by A$750 million, taking the bank’s total capital raise to $4.25 billion. read more
WI Xinja money ‘taking longer’ 27 May 2020 5:57AM Xinja Bank “raised $10 million [in capital] last week” the bank dumbfounded its depositors with a comment on blog post last night. read more
Symple and small, for now 27 May 2020 5:55AM Origination volumes in the 17 months since Symple Loans’ launch in January 2019 “are approaching $40 million,” CEO Bob Belan tells Banking Day. read more
20 2 4 Bells for CBA 25 May 2020 6:15AM In Matt Comyn’s C-suite a push to overturn the old boys culture is overdue. read more
Cash crawls back 22 May 2020 5:34AM Good old cash may be staging the beginnings of a comeback in the face of the surge in digital payments due to the pandemic, depending on the nostalgia and preferences of consumers as lockdown rules ea.. read more
Bank dividend return ‘uncertain’: Byres 22 May 2020 5:32AM The deferral of bank dividends may be a long-lasting policy Wayne Byres, the APRA chief, suggested yesterday. read more
Rates markets 'working well' 22 May 2020 5:30AM The Reserve Bank's policy measures announced in mid-March “are working as expected” RBA governor, Philip Lowe, argued yesterday. read more
The customer 8 Westpac defence 18 May 2020 6:05AM Westpac’s “defence” to the landmark anti-money laundering litigation with AUSTRAC is that it barely has one. Many systems and checks failed, including second-line and third-line defences. read more
Deadpan ME had 5 months 15 May 2020 5:43AM Steering questions off to notice, with plenty of ‘I’m not sure’ and a bit of ‘you’ll have to ask them’, ME’s Jamie McPhee got the better of the House Economics committee yesterday. read more