High cost of Westpac's IT rebuild 06 November 2013 5:41PM Westpac may be left scrambling to meet the Reserve Bank's timetable for real-time banking services. This is one conclusion that can be drawn from a presentation made by the group's senior executives.. read more
Mortgage arrears rates edge downwards 06 November 2013 5:38PM Ratings agency Moody's Investors Service says the rate of delinquencies in excess of 30 days for Australian prime residential mortgages was 1.35 per cent in August. This was less than the 1.39 per c.. read more
P&N Bank announces new CEO 06 November 2013 5:36PM P&N Bank, West Australia's largest mutual bank, has named Andrew Hadley as its next chief executive officer. read more
Warning on post-Christmas financial stress 31 October 2013 5:12PM Dun & Bradstreet has warned of rising financial stress risks in the lead-up to the Christmas holiday period as consumers look to borrow and spend with more confidence. read more
ANZ builds capital buffer, delays IT upgrade 30 October 2013 6:48PM ANZ Banking Group's chief executive, Mike Smith, was keen to proclaim early on, in delivering his bank's results presentation, that ANZ was "one of the world's strongest, best capitalised banks". read more
RBA's Stevens warns lenders to take 'due care' 30 October 2013 6:45PM Some remarks made at an investment conference in Sydney yesterday, by RBA governor Glenn Stevens, have been interpreted by market economists as a mild warning against a housing bubble. read more
Suncorp: capital and asset quality update, action on bushfires 30 October 2013 6:44PM Suncorp Bank provided an update yesterday on its assets, credit quality and capital as at 30 September 2013, in accordance with Australian Prudential Standard 330 (APS 330). read more
RMBS: AOFM sells ING Direct notes, MyState taps The Rock 30 October 2013 6:42PM In recent news on the residential mortgage-backed securities (RMBS) front, the Australian Office of Financial Management said it had sold some of its RMBS notes, while diversified financial services.. read more
Bendigo banks on a return to margin lending 16 October 2013 5:19PM Alexandra Tullio, Bendigo and Adelaide Bank's head of margin lending, has announced that four new gearing solutions managers have been appointed to Leveraged Equities, a subsidiary of the bank. read more
Former BOQ owner-managers have final say 10 October 2013 5:56PM After appearing 101 times in the NSW Supreme Court, lawyers on both sides of a class action being run against Bank of Queensland by some of its former owner-managed branch (OMB) franchisees have made.. read more