Equity Capital Markets

• Ian Rogers

The banking industry have been played for fools, disoriented into yielding to the clever, costly plans of Lindsay Fox and Linfox Armaguard. read more

• Ian Rogers

Why not pay more if you want to? This is the both sensible and silly retort of banks at the very moment they are being outfoxed from every angle. Paying more turns out to cost more than $100 million... read more

• Ian Rogers

“There’s no reason we can’t be Australia’s first member-owned bank to have a million members,” People First Bank believes. read more

• Ian Rogers

Commonwealth Bank will shut 45 Bankwest branches in Western Australia by the end of the year and convert 15 more to the main CBA brand. read more

• Ian Rogers

The barely challenged lack of competitiveness or even relevance of Suncorp Bank is the dark heart underlying the full decision of the Australian Competition Tribunal to grant authorisation for ANZ to.. read more

• John Kavanagh

Rationalisation of the debt buying and collection market is providing a fillip for those still operating in a sector that has been hit by weak business conditions over the past couple of years. read more

• Ian Rogers

An ordinary result for payments processor and struggling banking disruptor Tyro may leave the firm and one of its principal partners wondering about the value in their three-year old relationship. read more

• Ian Rogers

Lithuanian Co-Operative Credit Society ‘Talka’ Limited, one of the most feeble credit unions in the country, will merge with Bank Australia. read more

• Ian Rogers

Suncorp Bank’s swansong result highlights the task ahead for ANZ, defending a franchise and extracting value from a business beset by margin headwinds and increased expenses. read more

• Ian Rogers

Comment: Each takeover of a smaller rival proposed by a big Australian bank has won clearance from competition authorities over the last 35 years. Every single one. read more

• Ian Rogers

Comment: In the disgraceful Australian catalogue of bank takeovers, one overlooked old ANZ favourite bears a review. read more

• John Kavanagh

The sale of Challenger Ltd’s banking subsidiary to Heartland Group was expected to be completed by the end of June 2023, but yesterday Challenger disclosed that the transaction will not be completed u.. read more

• Ian Rogers

One of the biggest stoushes in Australian banking in a long, long time is approaching its crescendo, as the RBA steps up to oversee industry conversations around the economics of cash-in-transit and t.. read more

• Banking Day staff

Bank of Queensland is selling its NZ$238 million New Zealand commercial loan and lease portfolio to UDC Finance Ltd, in a deal that will result in a loss of A$17 million to $20 million. read more

• Banking Day staff

The outgoing chief executive of Credit Suisse Australia, Richard Gibb, will join the ANZ board as a non-executive director. read more

• Ian Rogers

Macquarie Bank, HSBC and ING “are in a position to defeat coordination” by major banks, Ruth Higgins, barrister for ANZ told the Australian Competition Tribunal yesterday. read more

• John Kavanagh

NAB will restructure its wealth business in New Zealand, merging it with Jarden Wealth and Asset Management Holdings and introducing private equity firm Pacific Equity Partners as a third shareholder. read more

• Ian Rogers

There have been exploratory conversations between Bendigo and Adelaide Bank and Bank of Queensland, Bendigo told the Australian Competition Tribunal – but they won’t lead anywhere. read more

• Ian Rogers

A merger of Bendigo and Adelaide Bank and Suncorp Bank “would allow them to effectively compete”, the Australian Competition Tribunal heard on Friday. read more

• Ian Rogers

Suncorp Bank “is not a particularly vigorous competitor” Suncorp’s barrister told the Australian Competition Tribunal yesterday. read more