ADVERT: Next Generation Lending 2015 03 August 2015 4:09AM Australia's retail lending industry today is facing a slew of non-traditional lenders receiving heavy infusions of venture capital funds with the sole strategic goal of challenging the traditional ban.. read more
Briefs: IMB Bank under starter's orders, AFG-Prospa lending deal, iCash shareholders vote for merger 31 July 2015 4:02PM IMB, which received approval to become a mutual bank last month, will begin trading under the name IMB Bank tomorrow. read more
Foreign news: Barclays to pull back from Asia, FSB asset management study continues 31 July 2015 4:01PM British bank Barclays lacks scale in Asia, the Middle East and Africa and will "pull back" in those markets, the bank's chairman John McFarlane told the Financial Times. read more
Comment: ANZ takes first bite out of super-sized problem 30 July 2015 4:26PM ANZ's latest effort to measure and then close the gender gap at retirement differs from the vast majority of similar surveys and reports sponsored by various interest groups and industry players. Here.. read more
Briefs: NAB completes GWB divestment, AMP Bank gets tough on investors, ING Direct's new travel app 30 July 2015 4:23PM National Australia Bank has completed the full divestment of its holding in the US bank Great Western Bancorp just one day after GWB launched a stock offer, involving the sale of NAB's holding into th.. read more
Foreign news: Santander UK CFO quits, Visa earns its Stripes, Barclays profits rise, and more 30 July 2015 4:22PM Santander UK chief financial officer Stephen Jones has quit the bank, citing a delay in the long-planned float of the bank as his reason for leaving. read more
Briefs: ANZ takes step to promote financial gender equity, AMP Bank reviewing investor lending 29 July 2015 3:43PM ANZ has introduced a number of measures, both for staff and customers, to help women improve their financial position. read more
Foreign news: Battle lines drawn over UK interchange proposals 29 July 2015 3:42PM Banks and card scheme operators in the United Kingdom are campaigning to head off a planned reduction in card payment interchange fees, warning that other charges may have to be imposed as a result. read more
Briefs: Westpac IT problem stops it changing investor loan rates, NAB raises interest-only loan rate 28 July 2015 3:20PM National Australia Bank will increase variable interest rates on interest-only mortgages and line of credit facilities by 29 basis points. read more
Foreign news: Former Banco Espirito Santo head under arrest 28 July 2015 3:16PM The former head of failed Portuguese bank Banco Espirito Santo has been placed under arrest. read more