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).
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Royal chair sets goals for ANZ in Cambodia
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22 February 2005 12:00am
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Citibank ponders retail revival
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21 February 2005 12:00amCitibank early last week engaged in some public relations that have only just come to this newsletter's attention. » read more »
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All clear at Macquarie Bank
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21 February 2005 12:00am
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Home loan arrears revert to form
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21 February 2005 12:00amAustralia's home loan borrowers are gradually reverting to more typical patterns of repaying their loans or not repaying their loans that applied before the twin property and home lending booms reached their peak in the late 2003. » read more »
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Treasury Group sells out to City Pacific
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21 February 2005 12:00amThe fast growing and acquisitive property finance group City Pacific on Friday said it acquired the commercial and residential mortgage asset manager Treasury Group of Companies Pty Ltd. City Pacific paid the vendors $24.4 million in shares, with the shares valued at $4.65 each. » read more »
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Telstra and Keycorp shed Eftpos share
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21 February 2005 12:00amPayments technology company Keycorp drew a veil over the visibility of the earnings of its various divisions in the half year to December 2004, with a shift in the metric for reporting segment results. » read more »
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Keycorp falls short on disclosure
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21 February 2005 12:00amIt may be that not too many investors are following Keycorp. The company posted an annual report for June 2004 at its website that excluded notes to the accounts numbered 10 to 30 notes that no one reads anyway, you could say. » read more »
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Migration to debit slower than believed
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21 February 2005 12:00amThe migration away from credit cards and towards debit cards, reported in this newsletter fro month after month for a year or more, turns out to have been overblown. The shift is pretty minor. » read more »
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Eftpos regulations expected this week
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21 February 2005 12:00amIan Macfarlane, governor of the Reserve Bank of Australia, told the House of Representatives economics committee on Friday that the Payments System Board was likely to publish its draft regulations in relation to Eftpos and debit cards this week. » read more »
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Personal loans displace credit cards
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21 February 2005 12:00amCredit bureau Baycorp Advantage has begun publication of a quarterly series that provides insights into the use of its credit reference database by its customers. » read more »
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Citibank ponders retail revival
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21 February 2005 12:00amCitibank early last week engaged in some public relations that have only just come to this newsletter's attention. » read more »
