ANZ to phase out eTrade in favour of CMC Markets 09 March 2017 5:23PM ANZ has announced that all customers who use its ANZ Share Investing service (formally known as eTrade) will be shifted to CMC Markets. read more
Chifley's property developer loan book expands 09 March 2017 5:21PM Chifley Securities - which has a focus on lending to property developers - said it has lifted its lending for the mutual sector by 140 per cent. read more
NZ catches up on bank capital requirements 08 March 2017 4:47PM The Reserve Bank of New Zealand will lead a review into NZ banks' capital requirements, to be conducted over the coming year. For the present, system capital ratios trail Australian benchmarks. read more
APRA frets at commercial property loan underwriting 08 March 2017 4:46PM APRA has written to Australia's larger domestic and foreign bank branches outlining its concerns that underwriting standards for commercial property lending are "under competitive pressure". The main.. read more
Counter terrorism financing forces cooperate 06 March 2017 4:57PM Australia's contribution to anti-money laundering and counter-terrorism financing - the Fintel Alliance - was given its official launch last Friday. Under its terms, Australia's financial intelli.. read more
Bank-owned super funds back in the spotlight 03 March 2017 5:14PM Superannuation has joined interest only investor loans on the list of battleground issues between banks and small business, and between political parties. read more
ASIC takes Westpac to court over automated home loan approvals 02 March 2017 4:45PM ASIC has flagged Federal Court proceedings against Westpac, alleging the bank's automated loan approval system contravened the National Consumer Credit Protection Act's responsible lending provisions. read more
PERLS hybrid priced 01 March 2017 5:09PM CBA has announced the terms of its next tranche of Tier 1 hybrid capital notes intended to raise A$750 million, which will be used to fund the CBA Group's business. read more
Elliott flirts with ANZ reset 28 February 2017 5:13PM Shayne Elliott, ANZ's chief executive officer, has been executing a strategy to simplify the banking group's business over the past year or so. Now he has floated the concept that ANZ could become "a.. read more
ANZ strategy to simplify 28 February 2017 5:11PM Talk at yesterday's AltFi Australasia Summit veered from fintech topics when ANZ chief executive Shayne Elliott commented that his "real strategy" was to simplify ANZ's business lines by selling off n.. read more