Briefs: Banks make super gains, RBA to overhaul its core banking system, few businesses seeking fina 07 July 2015 3:51PM Banks are making gains in retail superannuation, the Investment Trends 2015 Member Sentiment & Communications report suggests. read more
Foreign News: Pakistan and India to open banks across border 07 July 2015 3:50PM India and Pakistan are working on an agreement that could see three banks from each country set up branches across the border, the Economic Times of India reports. read more
CUA set to tackle wholesale funding mix 06 July 2015 3:54PM Credit Union Australia may be moving to cut its increasing reliance on short term wholesale funding, with a second long term credit rating to support marketing. read more
Foreign news: China Zheshang Bank plans IPO, Korea's Shinhan buys Indonesian banks 06 July 2015 3:51PM China Zheshang Bank plans to raise around US$1 billion from a Hong Kong initial public offering as early as the fourth quarter of 2015, according to sources in a Wall Street Journal report. read more
Briefs: ANZ global appoints corporate advisory leader, syndicated loans drop 03 July 2015 4:13PM ANZ has appointed Martin Hanrahan as global head of corporate advisory. read more
Foreign news: PayPal buys Xoom, China warned by World Bank, and more 03 July 2015 4:11PM Paypal is to acquire online international cash transfer business Xoom for US$25 a share. read more
Foreign news: Greece re-opens banks, Japan Post finance to float, Indian bank mergers continue, BNP 02 July 2015 3:52PM Greece's finance ministry said 1,000 bank branches have re-opened until the end of the week to cater for pensioners who do not use cash cards for ATMs. read more
Briefs: Chifley Securities lends $300m, ING points to decline in ATM use 02 July 2015 3:52PM Six months after its launch, non-bank commercial property lender Chifley Securities said it had written A$300 million in loans, and that its initial lending pool of $480 million had grown to $700 mill.. read more
Briefs: ASIC payday case thrown out of court, Call for FSI implementation, ANZ appoints new UDC CEO, 01 July 2015 3:37PM The Federal Court has dismissed legal action brought against two payday lenders by the Australian Securities and Investments Commission. read more
Foreign news: China trumps the West in global bank rankings, Moody's rates Indian banks, China Bank 01 July 2015 3:36PM Three of the top five banks in the world are now Chinese, according to a list of 1000 institutions by capital strength published by The Banker. read more