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The first day of what is expected be the final phase of a class action brought by a group of former owner managers against the Bank of Queensland saw both sides reiterate their main arguments and tr.. read more

Syndicates led by Pepper Australia and Macquarie Group, respectively, have submitted competing bids for the Lloyds Banking Group's assets in Australia, and Westpac is also expected to be a contende.. read more

A report from ratings agency Moody's has expanded on an earlier report which compared the residential mortgage-backed securities markets for Australia, Japan, the Netherlands and the UK. The report.. read more

In a case that has echoes of the court action started by Pioneer Mortgage Services earlier this year, Queensland State Home Loans (QSHL), is preparing to sue Columbus Capital in a dispute over the t.. read more

ANZ has announced more changes to its wealth management leadership team, headed by Joyce Phillips, ANZ's chief executive of global wealth. read more

Moody's Investors Service has downgraded the subordinated debt ratings for eight Australian banking groups because public sector support for investors holding these securities cannot be assumed in a.. read more

The New Zealand payments outfit Smartpay Holdings listed on the Australian Securities Exchange yesterday, heralding an expansion into the A$129 billion Australian EFTPOS market. The company is alrea.. read more

While its rivals may argue the merits of its claims, ANZ's super-regional strategy has been given the stamp of approval by a number of analysts. S&P has assigned its A+ long-term and A-1 short-t.. read more

ASIC has taken action against the franchisees of a household goods rental provider, after banning the firm's director for disregarding the responsible lending conduct obligations imposed by the Nati.. read more

Moving ahead of any decision by the Reserve Bank of Australia to adjust the cash rate, Adelaide Bank reduced the interest rate on some of its residential home loans yesterday. read more