Foreign news: US big banks report mixed 3Q 2015 results 15 October 2015 5:16PM America's biggest bank, JPMorgan Chase & Co, has suffered a 6.4 per cent fall in revenue in the September quarter, Bloomberg reports. read more
Brief: Chalmers replaces Ripoll in Shadow Cabinet 14 October 2015 4:34PM Jim Chalmers, the Labor member for the federal seat of Rankin in the south-west of Brisbane, has been appointed to the Shadow Ministry as the Shadow Minister for Financial Services and Superannuation. read more
Personal insolvencies on the rise 14 October 2015 4:34PM Personal insolvencies rose 0.6 per cent in the September quarter, compared with the same period last year, according to the latest Australian Financial Security Authority figures. read more
Foreign news: Japan Post Bank comes to market 14 October 2015 4:33PM Japan's Ministry of Finance has finalised plans to sell 11 per cent of Japan Post Holdings in an initial public offering in November, Bloomberg reports. read more
Briefs: SocietyOne links up with One Big Switch, Austrac cancels remitter's registration 13 October 2015 4:47PM Marketplace lender SocietyOne has found a new distribution channel, working with consumer network One Big Switch on its Big Debt Switch personal loan campaign. read more
Foreign news: SWIFT promises to keep cutting prices, European bankers' gloomy outlook 13 October 2015 4:46PM SWIFT plans to cut prices on financial messages by between 30 per cent and 45 per cent by 2020. The industry co-operative outlined the price targets at its Sibos conference in Singapore yest.. read more
Briefs: Comerford quits Genworth, Macquarie completes capital raising, ANZ's Elliott to focus on hom 12 October 2015 4:36PM Ellie Comerford has stepped down from her role as chief executive of Genworth Mortgage Insurance Australia. She will remain with the company in an advisory role until May next year. read more
Foreign news: GE in talks with Wells Fargo over US$30 billion asset sale, former Anglo Irish CEO arr 12 October 2015 4:35PM General Electric is in advanced talks to sell a US$30 billion loan portfolio to Wells Fargo, Reuters reports. read more
Briefs: Debt capital markets come alive for Suncorp, Pepper and CBA, 'Basel IV' regulation, Macquari 09 October 2015 5:14PM Suncorp-Metway said it would hold a series of investor meetings this week and has mandated the investment bankers at all Big Four banks as joint lead managers for a new Australian dollar senior unsecu.. read more
Foreign news: Deutsche heading for massive September quarter loss 09 October 2015 5:13PM Deutsche Bank has foreshadowed a September quarter loss of €6.2 billion after writing down the value of two divisions and adding to reserves for legal costs, Bloomberg reports. read more