Comment: Hybrid investments could go either way 26 September 2014 4:30PM The fixed income brokers at FIIG Securities have warned of the potential for further drops in the value of bank hybrids over the next few weeks. read more
Bitcoin wallet provider makes bill payments play 26 September 2014 4:25PM Hot on the heels of the news that PayPal has dipped its toe in the Bitcoin market comes a marketing push by igot, which provides a "wallet service" for Bitcoin storage in several countries, including.. read more
Plan for more red tape rejected by super sector 25 September 2014 4:07PM This week's call by the Financial Services Council for the establishment of a statutory and independent Advice Competency Standards Board to rebuild the trust of consumers has been firmly rejected by.. read more
IPOs boost Australian equity capital markets 25 September 2014 4:07PM Funds raised on Australia's equity capital markets have totalled US$25 billion so far this year, a 98 per cent increase over the first nine months of 2013. read more
Cross border trade finance leaves Aussie banks behind 19 September 2014 4:16PM In a recently circulated research note, East and Partners observed that trade finance had "escalated in prominence" for Australian businesses. The banking analysts then warned that Australia's banks r.. read more
ANZ in balancing act over wealth platforms 19 September 2014 4:13PM It was announced earlier this week that ANZ's global wealth leadership, after a review of the group's platforms business, had decided to look at the "strategic options" available for managing the deli.. read more
ASIC fines NAB, Westpac over misleading advertising 18 September 2014 4:06PM The Australian Securities and Investment Commission announced yesterday it had issued infringement notices to both National Australia Bank and Westpac as part of a continuing crackdown on potentially.. read more
Remittance provider put under terrorism funding spotlight 18 September 2014 4:03PM AUSTRAC's acting CEO, John Schmidt, said the registration of remittance provider Bisotel Rieh had been suspended over a possible terrorism financing risk. read more
Moody's applauds caution on bank debt bail-in rules 18 September 2014 4:00PM Moody's Investors Service says Australian regulators remain cautious over whether to mandate a bank creditor bail-in regime and, until this changes, local banks will benefit from a ratings uplift. read more
Apple Pay set to take a slice of issuers' fees 12 September 2014 4:01PM Apple is set to reap fees from banks when consumers use an iPhone 6 in place of credit and debit cards for purchases, sources have disclosed. read more