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IMB manages margin drift
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27 January 2012 7:07amWollongong-based building society IMB has managed to offset the effects of an erosion in its margins and a rise in the level of liquid assets over the December 2011 half, and post a mild increase in net profits. » read more »
- NAB fills another pension deficit at Clydesdale
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27 January 2012 7:05amThe pension scheme at Clydesdale Bank continues to suck up capital from National Australia Bank.
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ING Group committed to the Australian banking market
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27 January 2012 7:04amING Group says it is ready to invest in the development of the ING Direct banking operation in Australia so as to turn it into a full-service primary bank. » read more »
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Banks preferred US$ over euro
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27 January 2012 7:03amAustralian banks trimmed their modest exposure to the banking systems of Italy and Spain during the September 2011 quarter, and also shaved their more significant exposure to to France, data published last week by the Reserve Bank of Australia shows.
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- Briefs: Thailand seeks Australian bank investment, Unhappy Bankwest business borrowers and more
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27 January 2012 7:01amThailand seeks Australian bank investment, Unhappy Bankwest business borrowers and more CEO of New Zeland's The Cooperative Bank quits. » read more »
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Still more bank capital needed, says IMF
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25 January 2012 6:52amThe capital ratios of Australia's four largest banks underestimate their capital strengths, but despite this these banks need even more capital, the International Monetary Fund argues.
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Westpac sells covered jumbo
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25 January 2012 6:51amWestpac yesterday locked in five-year funding on terms slightly better than those obtained last week by Commonwealth Bank. » read more »
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CAMAC says no need to change law on derivatives
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25 January 2012 6:49amThe Corporations and Markets Advisory Committee has advised the Government that both the on-exchange and over-the-counter derivatives markets are appropriately regulated.
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NAB leads the Big Four on satisfaction
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25 January 2012 6:46amNational Australia Bank put its nose in front of ANZ in Roy Morgan’s October consumer banking customer satisfaction survey, only to lose its lead a month later. But NAB was back in front in December. » read more »
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Briefs: Amex and Macquarie in payment relationship, YBR cracks a ton
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25 January 2012 6:43amMacquarie Leasing has expanded the payment options for its customers by allowing them to use an American Express card. » read more »
- ANZ pick PHD to plan ad spend
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24 January 2012 6:54amPHD takes on ANZ following a competitive and protracted tender, ANZ selected agency PHD its $60 million regional media planning and buying account. » read more »
