High cost of Westpac's IT rebuild

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

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

ANZ builds capital buffer, delays IT upgrade

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

Bendigo banks on a return to margin lending

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

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