CBA spoils big end of town with premium deposit rates 16 February 2023 6:30AM Latest news George Lekakis CBA deployed an extreme deposits pricing strategy in the six months to the end of December 2022, resulting in small business and household accountholders subsidising higher interest returns to the ban.. read more
Treasury Notes here to stay 31 July 2020 6:34AM Latest news Ian Rogers A household saving ratio of around 20 per cent in the June quarter. No wonder AOFM chief Rob Nicholl is looking to the safety of cash, ‘but with a marginally better return’. read more
Frydenberg hints at infrastructure recovery 24 July 2020 6:44AM Latest news Bernard Kellerman Investment bankers and project finance teams, with their work all but dried up, are among many in the higher pay brackets hoping to be thrown a lifeline as part of the rescue package. read more
Trade wars subdue M&A deals: Mergermarket 04 October 2018 4:14PM M&A Bernard Kellerman Following a frenetic first half of the year, Q3 saw subdued M&A activity as growing geopolitical tensions, trade wars and protectionism dampened spirits and caused corporates to pause over the Nor.. read more
Instos want to finance long term APAC assets 15 June 2018 4:48PM Business lending Bernard Kellerman Another profitable piece of corporate banking business is under direct fire from outside the industry: institutional investors are keen to play a greater role in financing Asia-Pacific infrastructure... read more
Insto retreats at CBA 08 February 2018 5:43PM Major Banks Banking Day staff Credit losses in Commonwealth Bank's Institutional Banking and Markets division spiked over the December 2017 half year, amid a further overall improvement in group credit quality for the bank. read more
ANZ edges up APAC loan league tables 25 October 2016 4:59PM Business lending Bernard Kellerman Asia-Pacific loan volumes were up in the first three quarters of 2016, thanks to a boost in mergers and acquisitions-related activity. read more
Whelan places ANZ on rations 07 September 2016 4:12PM Major Banks Ian Rogers ANZ's institutional bank will concentrate its efforts on about 6000 key customers and half a dozen industry sectors to buttress measures to lift returns. read more
Australian banks ex-Asia 26 August 2016 4:16PM Business lending Ian Rogers Australian names are not common in Asian loan rankings as arrangers, with ANZ now in retreat and Commonwealth Bank, National Australia Bank and Westpac all lacking any regional capital markets story t.. read more
CBA insto banking a money pit 11 August 2016 4:04PM CBA Ian Rogers Institutional banking has been a money pit more than a profit centre for Commonwealth Bank lately, with an investment program driving costs higher. read more
Housing bonds schemers rally 01 August 2016 4:22PM Institutional finance Ian Rogers A specialist funder of some form dedicated to directing increased investment toward social housing may be gathering supporters. read more
Insto-funded fintech biting into 'neglected' SME invoice financing 14 July 2016 3:54PM Invoice finance Bernard Kellerman One of the quiet achievers on the fintech front has been peer-to-peer and marketplace cash flow funding company The Invoice Market - recently rebranded as 'tim'. read more
CFOs prepared to take more balance sheet risk 14 July 2016 3:44PM Business credit demand John Kavanagh The risk appetite among Australia's chief financial officers has picked up this year, Deloitte reports in its latest CFO Sentiment survey. read more
Briefs: Scottish Pacific shareholders make gains on debut, Rabobank appoints NZ CEO, NAB consolidate 14 July 2016 3:43PM Equity capital markets Banking Day staff Investors in debtor finance company Scottish Pacific made a gain on the company's first day of trading on the Australian Securities Exchange. read more
Scottish Pacific to use float proceeds to ramp up awareness of debtor finance 13 July 2016 4:36PM Business lending John Kavanagh Debtor finance company Scottish Pacific is betting that the growth in its business resulting from several recent acquisitions will give it the size to beef up its marketing and increase awareness of d.. read more
Foreign news: Goldman Sachs probed over Malaysia's 1MDB Fund, BoA mortgage class action update, Well 08 June 2016 3:57PM Foreign news Banking Day staff US investigators are trying to determine whether Goldman Sachs broke the law by not sounding an alarm about a suspicious transaction in Malaysia, "people familiar with the investigation" told The Wall.. read more