ASB bank launches an offer of subordinated notes 26 October 2016 5:22PM ASB Bank is offering up to NZ$250 million of subordinated unsecured convertible notes to investors in New Zealand. read more
States hold the keys to affordable housing: Morrison 25 October 2016 5:26PM The Treasurer has rejected any suggestion that negative gearing has a connection with housing affordability, and warned that the banking sector would crash if the deduction was abolished. read more
Genworth sold to private Chinese investor 25 October 2016 5:02PM Genworth Financial Inc, the US parent of Genworth Mortgage Insurance Australia, is the target of a friendly takeover offer from China Oceanwide Holdings Group Co. read more
ANZ edges up APAC loan league tables 25 October 2016 4:59PM Asia-Pacific loan volumes were up in the first three quarters of 2016, thanks to a boost in mergers and acquisitions-related activity. read more
APRA aims to make risk culture more predictable 19 October 2016 5:26PM APRA has published a booklet explaining that risk-taking in financial institutions should be conducted within reasonable bounds, with risks clearly identified and well-managed. read more
Bank competition policy missing an Uber 19 October 2016 5:22PM In a wide-ranging look at competition policy, ACCC chairman Rod Sims touched on the failure of the fintechs to create a truly competitive banking sector. read more
ASX-listed banks fall behind Asian peers 19 October 2016 5:21PM Market capitalisation growth rates of Australian listed banks have been compared against their Asian peers, then analysed by S&P Global Market Intelligence. read more
Liberty Financial launches next non-conforming RMBS transaction 18 October 2016 5:26PM Financial services firm Liberty has launched what is likely to become its 19th non-conforming RMBS. read more
Non-bank spot FX providers fail to gain acceptance 18 October 2016 5:19PM Non-bank providers are failing to make a real dent in the US$117 billion per day global business FX market. read more
30-year Commonwealth bond reshapes yield curve 12 October 2016 5:22PM The Australian Office of Financial Management has launched a 30 year Australian Commonwealth Government Bond, with a maturity of 21 March 2047. read more