Briefs: Moody's assigns maiden ratings for MyState Bank, shareholder prunes AFG exposure 18 October 2017 6:15PM Moody's has assigned investment grade credit ratings for Tasmania's largest financial institution, MyState Bank. read more
Foreign News: Stalled Brexit talks threaten European branches in London, Credit Suisse targeted for 18 October 2017 6:13PM A string of London-based banks are preparing to relocate to Ireland and other parts of Europe as talks stall between EU negotiators and the UK government over Brexit. read more
Briefs: Bendigo's $300m hybrid issue, commercial lending rose in August, Goode rails against levy 17 October 2017 5:22PM Bendigo is planning to issue around A$300 million in converting preference shares through a bookbuild to be conducted on 23 October. read more
Foreign News: Global banks confront Open Banking, banks forced to remove auditors 17 October 2017 5:21PM All but one of 100 payments executives at large international banks said their bank planned to make major investments in Open Banking initiatives by 2020, according to the results of a global study by.. read more
Stable housing costs all round 16 October 2017 4:49PM Housing costs are pretty stable overall, at least over the two years to 2015/16, or so an iconoclastic data set from the Australian Bureau of Statistics on Friday shows. read more
RBA takes stock on 'increasing risks' on negative gearing 16 October 2017 4:48PM Investors with multiple residential investment properties have "contributed to higher risk" for banks and other lenders, an analysis by the Reserve Bank of Tax Office data has found. read more
Briefs: AFG's low investor volume, ANZ seeks Japan licence 16 October 2017 4:47PM AFG's latest Mortgage Index up to September shows that investor volume is "now sitting at an all-time low of 29 per cent" of AFG's flows. read more
Hunter United refinances major banks' customers 13 October 2017 6:38PM Hunter United Credit Union's annual results, released yesterday, showed the locally-focused financial institution achieved a 50 per cent increase in new lending last financial year. read more
Briefs: CBA to replace financial measures for tellers, Propay on the way 13 October 2017 6:37PM Payments providers will have yet another foreign competitor to contend with, after an announcement by US company ProPay that it is bringing merchant acquiring payment network to Australia. read more
Foreign News: IMF names banks that may struggle, Barclays' head of compliance jumps into Wells Fargo 13 October 2017 6:32PM The IMF has named nine of the world's largest banks as the ones it expects to struggle to be profitable and in need of heightened attention from regulators. read more