236

National Australia Bank has signed up SAI Global to provide mortgage settlement services for NAB Broker. The deal is worth about A$9 million a year. read more

Nine banks have agreed to pay US$2 billion in settlements to US investors over claims they rigged foreign exchange rates. read more

Federal Treasurer Joe Hockey yesterday introduced a bill to enable Australia's membership of the Asian Infrastructure Investment Bank. read more

Reserve Bank of Australia data released yesterday shows credit card limits totalled almost A$146 billion at June 2015, an average of $9048 per card for each of the 16 million-plus credit cards in circ.. read more

Herald Sun columnist Terry McCrann has called on the ANZ board to find a new chief executive. read more

The People's Bank of China has devalued the yuan to its lowest rate against the US dollar in almost three years. read more

Westpac chief executive Brian Hartzer has told mortgage brokers they will probably be the next sector of the financial services industry to face scrutiny. read more

Commonwealth Bank chief executive Ian Narev told the Herald Sun the bank was leaving open its options over how to cope with the greater capital requirements on banks. read more

Bank Rakyat Indonesia has launched a floating branch to provide services to the country's remote island communities. read more

Peter Evers will retire as chief executive of Adelaide-based People's Choice Credit Union from the end of September. read more