RMB tops regional trading currencies 28 May 2015 4:25PM The latest statistics from interbank messaging and transfer service SWIFT show that use of renminbi for trade payments to China and Hong Kong by Asia Pacific countries increased by over 300 per cent b.. read more
Note Printing Australia to pay legal bills for former boss 22 May 2015 4:05PM The Court of Appeal of the Supreme Court of Victoria has dismissed an appeal by Note Printing Australia against a decision last year that its former chief executive officer, John Leckenby, be indemnif.. read more
Moneygram hit with largest fine in Austrac's history 21 May 2015 3:55PM The Australian Transaction Reports and Analysis Centre has levied its largest ever fine on one of the world's biggest remittance network providers, as a penalty for what Austrac describes as "systemic.. read more
Car loan securitisations start 2015 with a wobble 21 May 2015 3:50PM A report from Moody's Investors Service has warned that the performance of Australian auto asset-backed securities deteriorated in Q1 2015, with 30-plus day delinquencies increasing to 1.3 per cent in.. read more
Treasury sets out financial sector supervisory costs 21 May 2015 3:49PM The Commonwealth Treasury Department has published a discussion paper outlining its approach to proposed financial industry levies for 2015-16. This follows on from a Department of Finance whole of Go.. read more
Debt, cash flow move in opposite directions for ASX 100 firms 15 May 2015 4:28PM Debt increases and freed up cash-flows are set to be major themes in 2015 and 2016, according to Matt Jamieson, Fitch Ratings' head of Asia-Pacific research. read more
Defence Bank looking beyond the wire and ready for NPP 15 May 2015 4:28PM When it comes to IT spend, the cost should not be measured purely according to an economic criteria, suggested Jon Linehan, chief executive of Defence Bank, in a presentation at CeBIT last week. read more
Australian corporate borrowers seek some TLB 14 May 2015 3:51PM The Thomson Reuters monthly loan market statistics show that for the first quarter this year, the size of major-currency syndicated loans in Asia Pacific (excluding Japan) averaged US$337 million. read more
Columbus gains short-term fee payment relief over Pioneer 13 May 2015 4:16PM A long-running series of disputes over the level of management fees due to Pioneer Mortgage Services by Columbus Capital will move closer to a resolution in around two months' time. read more
Class action over late payment fees moves to High Court 07 May 2015 4:08PM The battle over late payment fees imposed on its customers by ANZ is set to be resolved by the High Court "once and for all", according to Maurice Blackburn Lawyers. read more