289

Four well-connected stalwarts of the global financial system will serve on the international advisory panel for the Financial System Inquiry. read more

Australia's banks are stepping up their lending to the country's resources sector and have made their largest commitment yet. All four big banks are to be cornerstone lenders in a syndicate of 19 bank.. read more

Despite falls over the past year, banks' funding costs remain close to 130 basis points higher than before the onset of the global financial crisis, the Reserve Bank of Australia said in its quarterly.. read more

NAB's Yorkshire Bank will "support investors in a failed property development operated by Arck LLP," the bank said this week about the latest of many redress matters to drag on its earnings. read more

A pick-up in demand for residential investment loans may be "unhelpful", the Reserve Bank of Australia cautioned in the minutes of its monetary policy board meeting this month. read more

Thanks to the rise in the superannuation guarantee level to 12 per cent, by 2030 superannuation assets are likely to exceed those of the banking system. read more

There was no shortage of private sector capital to support investment in infrastructure and few reasons to support the sector with an infrastructure bank, the Productivity Commission said in a report.. read more

Businesses campaigning for redress from National Australia Bank over the alleged mis-selling of swaps embedded in UK business loans have given a taste of their tactics at a Customer Support Group conf.. read more

Entrants in the payments market can expect to save A$1.6 million a year in annual compliance costs once the current framework for registering specialist credit card institutions is dropped. read more

The aggregate shortfall in the capital of large, internationally active banks was €57.5 billion at December 2013 under the Basel III framework, the Basel Committee on Banking Supervision has reporte.. read more