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ANZ expects its new operations hub in Chengdu, China, to employ around 1000 staff in the next few years, up from 220 now. read more

Crimes of deception are on the rise, at least in Victoria, with the simple theft and misuse of contactless payment cards behind almost all the recent rise in recorded crime in the state. read more

Earnings by foreign banks  are improving, but remain well below industry benchmarks. The return on equity for eight foreign bank subsidiaries lifted above 10 per cent in the December 2014 quarter.. read more

Impaired bank loans continue to wind down and have reached a level similar to the industry's starting point at the onset of the GFC six years ago. read more

Michael Saadat will return to the Australian Securities and Investments Commission with responsibility for the regulation of credit. read more

The risks of over-reliance by lenders on third parties, such as mortgage brokers, is a prominent theme of a draft prudential practice guide circulated by the Australian Prudential Regulation Authority.. read more

ANZ is closer to obtaining a banking license in Thailand, with approval from the now ousted Minister of Finance to establish a subsidiary. read more

The forensic detail of banks' bonus and commission arrangements for tellers and other sales staff is emerging as a fresh point of controversy in the wrangle over reform of financial planning practices.. read more

Credit ratings agency Fitch says it expects to see  "further merger activity" by regional banks. read more

The hedge fund of Michael Hintze, a member of the international advisory panel for the Financial System Inquiry, has repaid millions of dollars after exploiting tax loopholes in the UK, the Sydney Mor.. read more