Foreign news: UK bank branch closures continue, US equipment lease volumes grow 22 October 2015 5:21PM The pace of retail bank branch closures in the UK is accelerating, according to news service Finextra, citing figures released by the Campaign for Community Banking. read more
Foreign news: US bank CEO says Apple Pay usage 'practically zero', Swedish P2P shuts down after misc 21 October 2015 4:52PM Chief executive of the US bank BankMobile, Jay Sidhu, said customer's use of Apple Pay was "practically zero". read more
Briefs: Queensland reviews rural debt, ING Direct introduces biometrics 21 October 2015 4:52PM The Queensland Government will form a taskforce to report on rural debt in the drought-affected state, the ABC reports. read more
Briefs: CBA to refund A$7.6 million, Westpac launches retail share offer, Bibby appoints state manag 20 October 2015 4:36PM Commonwealth Bank will refund A$7.6 million to 8400 customers after it failed to apply fee waivers and ongoing benefits to AgriAdvantage Plus account holders. read more
Foreign news: India's state-run bank consolidation plan criticised 20 October 2015 4:35PM A plan by the Indian Government to consolidate small state-run banks has been criticised by the man who recently headed a Government panel on banking reform, The Economic Times reports. read more
Brief: New COO at AFG 19 October 2015 4:59PM Mortgage aggregator AFG has appointed David Bailey to the newly created role of chief operating officer. read more
Brief: Small banks ready to raise rates, Westpac's bookbuild on track 16 October 2015 6:00PM Regional banks, mutual and non-bank lenders won't rule out taking the opportunity to bolster profits should the major banks copy Westpac's interest rate rise. read more
ANZ to sell OnePath New Zealand medical insurance business 16 October 2015 4:50PM ANZ will sell its New Zealand OnePath Life medical insurance book to nib NZ Limited, the bank announced yesterday. read more
Foreign news: Agricultural Bank of China sells green bonds, Asian SMEs turn to FX hedging products 16 October 2015 4:49PM The Agricultural Bank of China, the country's fourth-largest lender by market value, issued its first-ever green bond on Tuesday, raising almost US$1 billion as part of a "broader Beijing-orchestrated.. read more
Briefs: Lending Crowd joins the NZ P2P market, Suncorp prices 5-year senior debt, AFG mortgage index 15 October 2015 5:18PM New Zealand's Financial Markets Authority has granted a licence to Lending Crowd to operate a peer-to-peer lending business. read more