Byres protests at bank bonus cranks

Disquiet around the planned new prudential framework for bank remuneration in APRA-regulated firms is generating threats of shareholder revolts, APRA chief Wayne Byres said yesterday. read more

Bank payrolls at low ebb

A decent pay rise in finance depends on an enterprise agreement, and an employer that can manage interest margins. read more

MoneyPlace pivots to B2B

Fintech MoneyPlace - a personal loans specialist - is pushing into new markets as a white-label suppliers of personal loans for larger banks, including a handful of its funders. read more

Margin wanes at CBA

Increased staff costs - a function of an overload of priority risk and compliance programs and customer remediation programs - chewed into the profit of Commonwealth Bank over the September 2019 quart.. read more

APRA levels bank playing field

At APRA, "we now hear from candidates for IRB status that they are concerned the proposals being developed will not provide them with any capital benefit whatsoever," APRA chief Wayne Byres told a mut.. read more

BCAM slams banks on climate risk readiness

Just 78 per cent of banks carry out climate risk assessments, a study by Boston Common Asset Management shows.That's 78 per cent of 58 of the world's largest banks, meaning 45 banks, "including the li.. read more

Judo holds TD position

Judo Bank, a neobank lender to small and medium business, is testing the strength of its newness and its margin, offering market-leading term deposit rates just as the rest of the market is working ou.. read more