4

An International Monetary Fund report has provided the clearest sign yet that Australia will be forced to require its Big Four banks to hold extra capital. read more

Australia continues to have a strong financial system, but APRA needs to focus more on reviewing liquidity risk management, says the IMF. read more

Westpac's annual report shows senior executives have had their fixed remuneration and incentive targets frozen again in 2013. read more

Basel Committee secretary-general Wayne Byres has warned that the Basel III rules are "necessary but not sufficient" for more resilient banking systems, and that supervisory capabilities must be beefe.. read more

Justice Jayne Jagot's Monday verdict against Standard & Poor's has triggered a global reassessment of ratings agencies' vulnerability to legal action over ill-considered debt ratings. read more

Amid the profit announcements, job cuts and interest rate moves, the national debate over banking has this month grown more hysterical than usual. One example: the growing claims that the banks have d.. read more

Australia's banking authorities have no plans to implement key recommendations of a report by global banking regulatory body the Financial Stability Board - recommendations aimed at preventing futur.. read more

Philip Lowe, the respected economist who was in charge of financial stability at the Reserve Bank of Australia throughout the global financial crisis, will be Glenn Stevens' new deputy at the RBA. read more

Heather Ridout, the leading industry lobbyist with close connections to the Labor government, is to join the Reserve Bank board. read more

The clash between APRA and the major banks over Basel III has become noticeably louder over the past week. read more