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Efforts by ANZ to sell its 39 per cent stake in PT Bank Pan Indonesia, to Mizuho Financial Group, are getting warm. read more

ANZ has begun paying A$70 million to around 230,000 customers, refunding them for mortgage interest rate deductions that the bank failed to pass on, or compensating them for over-charging on home lo.. read more

There is no shortage of private capital to finance the delivery of major infrastructure, Westpac said in a submission to the Productivity Commission. The commission is conducting an inquiry looking.. read more

Want free credit? National Australia Bank is the bank to ask. It will charge no interest all on its personal credit cards for 15 months. Citi-funded Virgin Money used to have the edge when it came to.. read more

If there is a "real agenda" for the forthcoming financial system inquiry, it is taking time to emerge. Treasury has developed a tidier form of the terms of reference for the inquiry, but the documen.. read more

The context in which National Australia Bank must seek a buyer for its poorly performed Clydesdale Bank subsidiary in the UK has shifted in recent days, with the Labour Opposition proposing market s.. read more

The guarantee on bank deposits introduced six years ago needs to be watered down, in the view of the academic who helped devise the scheme. read more

Clydesdale Bank remains an asset National Australia Bank hopes to sell, the chair of the bank's board, Michael Chaney, reiterated at the bank's annual meeting in Melbourne yesterday. read more

Korea Exchange Bank received an authority this week to carry on its banking business in Australia as a foreign bank branch. read more

ANZ's outgoing chair John Morschel took a swipe at the Federal Government over its foreign investment policy at the bank's annual meeting in Brisbane yesterday. read more