Foreign news: Credit Suisse to sell US private bank 15 September 2015 3:20PM Credit Suisse Group is planning to sell its US private bank, Reuters reports. read more
Briefs: Government FSI response tipped for this week, Pepper in the race for Esanda 14 September 2015 4:31PM The Treasurer's much anticipated response to the Financial System Inquiry report, which was delivered in December, could come this week, according to the Australian Financial Review. read more
Foreign news: Google launches Android Pay 14 September 2015 3:32PM Google has commenced the rollout of Android Pay in the United States. read more
Foreign news: Barclays' extra payment service 11 September 2015 4:15PM Barclays has launched what it claims is a "first of its kind cloud-based contingency payment service banking access channel" for its corporate clients. read more
Briefs: Draft consumer lease rules, Fitch upgrades SBS and Co-operative Bank; P2P Harmoney lends NZ$ 11 September 2015 4:15PM Draft legislation to exclude consumer lease products from the Australian government's Centrepay bill paying service for welfare recipients passed the Senate yesterday. read more
Briefs: China Construction Bank markets AUD bonds, Citi backs youth jobs programs. AMP mulls Tier 1 10 September 2015 4:29PM China Construction Bank's Sydney Branch has mandated ANZ, CBA and UBS as joint lead managers for a new Australian dollar three-year floating rate benchmark note issue. read more
Foreign news: JP Morgan probed over private client 'steering', UAE buys into Malaysia fund scandal 10 September 2015 4:22PM CNBC and Reuters - in turn citing the Wall Street Journal - say the US Commodity Futures Trading Commission is investigating whether JPMorgan Chase steered its private-banking clients to its own hedge.. read more
Briefs: Westpac accounting queried, Investors morph into owner-occupiers 09 September 2015 3:50PM St George Bank has had to make changes to its processes to cope with a flood of investors switching their mortgages to owner-occupier loans in response to recent price changes. read more
Foreign news: RBS executive exodus 09 September 2015 3:45PM Two senior staff have quit Royal Bank of Scotland to join rivals. read more
Briefs: Citi launches RMBS, ASIC bans broker 08 September 2015 3:51PM Citigroup has launched an issue of residential mortgage-backed securities, seeking A$500 million of funds. Securitised Asset Mortgage Trust 2015-1 is backed by a pool of mortgages originated by Citiba.. read more