Foreign news: BoA may restore executive chairman role, banking school for KL 06 May 2015 3:59PM Bank of America plans to hold a shareholder vote on the change the board made in October to company bylaws to allow chief executive Brian Moynihan to also be chair of the board. read more
Briefs: CITIC CLSA launched, Firstmac eyes RMBS issue 05 May 2015 3:49PM CITIC Securities and CLSA yesterday formally launched CITIC CLSA Securities as a corporate finance and capital markets business based in Asia. read more
Foreign news: UBS and Credit Suisse consider investment banking marriage, ADB ready to work with AII 05 May 2015 3:48PM Swiss bank UBS could combine its investment banking arm with that of Credit Suisse to create a top player, Eric Knight, head of activist investor Knight Vinke, was quoted as saying in an interview wit.. read more
Briefs: NAB to raise up to US$495 million Great Western sale, Dunn joins Westpac board, RBNZ complet 04 May 2015 3:44PM NAB expects to raise as much as US$495 million by selling down most of its controlling stake in regional US lender Great Western Bancorp. read more
Foreign news Royal Bank of Scotland reports loss after charges 04 May 2015 3:42PM The Royal Bank of Scotland said it would dismantle its global investment bank as the company looks to shrink. This was announced as RBS reported its seventh consecutive annual loss. read more
Briefs: Wallet Wizard unmasked, La Trobe's RMBS roadshow, YBR chasing Homeloans, MYOB prices IPO 01 May 2015 3:51PM Debt purchaser Credit Corp has rebranded its lending business as 'Wallet Wizard', launching the new brand with a television advertising campaign featuring a character in a faux superhero costume. read more
Foreign news: Agricultural Bank of China profit up 1.5 per cent 01 May 2015 3:47PM Agricultural Bank of China, one the country's four main commercial lenders, said its March 2015 quarterly profit edged up 1.5 per cent to 54.3 billion yuan (A$11 billion). read more
Briefs: Heritage sells notes, ASIC fines FC Stone Australia, Big Four not issuing equity 30 April 2015 3:51PM An A$200 million 3-year senior unsecured floating rate note issue was priced yesterday by Heritage Bank read more
Foreign news: Deutsche Bank CEO on trial, SEC quizzing BoA, Barclays boosts forex provisions 30 April 2015 3:48PM Deutsche Bank co-CEO Juergen Fitschen and four others went on trial on Tuesday, accused of giving misleading evidence to avoid damages in connection with the 2002 collapse of the Kirch media empire. read more
Briefs: More CBA IT bribery fallout, Future Fund trims credit holdings, NZ NILS scheme extended 29 April 2015 3:36PM The CSC executive linked to the Commonwealth Bank IT bribery scandal has quit, the Financial Review reports. read more