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Latest news and insights on banking and finance in Australia and New Zealand, as delivered in the daily 7am Banking Day email news service (subscribe or take out a free trial).

Andronicos takes the reins at Firstfolio
24 October 2014 7:01am
Two years after its last chief executive left the company, mortgage specialist Firstfolio has appointed a new CEO. The head of the company's eChoice division, Peter Andronicos, has been given the top job. » read more »
Comment: Know your hybrids
24 October 2014 7:01am
The recent sell-off of hybrid notes listed on the ASX has seen the market price of a number of notes fall below face value. Typically, these notes have a face value of A$100 but a number are now trading around A$98 or less. » read more »
Tighter UK bank liquidity rules have not affected lending
24 October 2014 6:59am
Tighter bank liquidity rules introduced in the United Kingdom in 2010 have not resulted in a reduction in lending or an increase in the cost of finance, a study by the Bank for International Settlements has found. » read more »
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24 October 2014 6:58am
Financial fraud costs US$400 billion a year
24 October 2014 6:58am
Financial fraud around the world, especially cybercrime, is growing exponentially and costs more than 700 companies more than US$400 billion a year. » read more »
RBNZ talks up macro-prudential policies
24 October 2014 6:56am
Reserve Bank of New Zealand governor Graeme Wheeler has talked up the bank's macro-prudential policies to a Bank For International Settlements conference in Wellington. » read more »
Cadooz fills epay sails
24 October 2014 6:56am
Euronet Worldwide’s Australian arm epay is making its way once more, after many quarters of shrinking numbers.

» read more »
BNZ chief executive lists areas for improvement
24 October 2014 6:55am
The Bank of New Zealand's chief executive Anthony Healy has challenged other Kiwi business leaders to overcome what he sees as five key issues facing New Zealand.

» read more »
Suncorp's many paths to profit
24 October 2014 6:52am
Suncorp chairman Ziggy Switkowski, speaking at the bancassurance group's annual general meeting in Brisbane's Sofitel yesterday, attributed the steady increase in the company's share price and a significant increase in dividends to the benefits of the Group’s transformation through the ‘One Company. Many Brands’ business model.

» read more »
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24 October 2014 6:52am
5 JOB ADS
24 October 2014 6:51am
Market Data Systems Analyst - UBS - Sydney
Second and third level support for Market Data Infrastructure (TREP, IRE SS, ASX Infra).Minimum of 5 years' experience in the support of Market Data technology.
Candidates will be expected to have in depth knowledge of installation and administration of Thomson Reuters Enterprise Platform. » read more »
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