Brief: ASIC review discloses derivatives failures 21 June 2016 4:20PM ASIC's recent surveillance program identified "serious and widespread compliance failures" in the retail over-the-counter derivatives industry. read more
Foreign news: RBI governor retires amidst controversy, Swiss banks too big to comply 21 June 2016 4:17PM The governor of the Reserve Bank of India, Raghuram Rajan, has announced that he will retire when his current term ends in September. read more
Find a job in banking 21 June 2016 2:46PM Find a job. Dozens listed daily.http://www.bankingday.com/nl06_rc_job_site_browse.php read more
APCA still working on an industry response to card fraud 20 June 2016 4:07PM The Australian Payments Clearing Association has not given up on its attempt to develop a co-ordinated industry response to card payment fraud, despite the recent rejection of a proposal to mandate an.. read more
Briefs: Former CBA executive pleads guilty to bribery, Austrac targets remitters, new head of policy 20 June 2016 3:54PM Former Commonwealth Bank IT executive Keith Hunter pleaded guilty on Friday to bribery charges relating to multi-million contracts between the CBA and a Silicon Valley-based tech company. read more
Banks look to bolster margins with higher fees 17 June 2016 3:50PM Banks and other financial institutions increased their "unit fees" in a number of areas last financial year, including credit card annual fees, home loan package fees, business loan fees and merchant.. read more
Briefs: ASIC signs innovation agreement with Singaporean regulator, BankVic marks membership milesto 17 June 2016 3:32PM The Australian Securities and Investment Commission has signed an agreement with the Monetary Authority of Singapore with the aim of helping the development of innovative businesses. read more
Foreign news: China's bad loans keep rising 17 June 2016 3:30PM The non-performing loan ratio among China's commercial banks hit 1.67 per cent at the end of 2015 - the seventeenth consecutive quarterly increase in NPLs, according to the China Banking Regulatory Co.. read more
Briefs: Banks baulk at REIT refi 16 June 2016 3:31PM The refinancing task is emerging as an unacceptable risk for real estate investment trusts in the Asian region, with banks across the region cutting their exposures to single name borrowers. read more