Sony Bank bails 12 December 2013 5:38PM The much-hyped entry into the Australian market of Sony Bank may not be happening. read more
QBE cleans up in LMI market 12 December 2013 5:30PM The 2013 financial year was one of contrasts for the leviathans of the lenders' mortgage insurance market in Australia. QBE Lenders' Mortgage Insurance recorded a hefty underwriting profit, but Genw.. read more
UBank and nabtrade excel in SMSF segment 12 December 2013 5:26PM In a measure of the significance of self-managed super funds as a target market for banks, National Australia Bank briefing documents show that 31 per cent of the turnover of its stock broking arm,.. read more
CEFC survives for now 11 December 2013 5:39PM The Clean Energy Finance Corporation will remain in business for a little longer, after the Senate voted down a bill to abolish the financier yesterday. read more
IP Payments makes acquiring plans 11 December 2013 5:36PM IP Payments hopes to acquire credit card payments as an extension of its payment processing solutions for merchants. APRA gave in-principle approval to IP Payments to become a specialist credit card.. read more
More backers for rural finance plan 10 December 2013 5:21PM A plan for a populist lending mandate for the Reserve Bank of Australia has won more backing in Parliament. Independent Senator Nick Xenophon and Democratic Labor Party Senator John Madigan introduc.. read more
Small business bankers running NAB Asia 10 December 2013 5:19PM National Australia Bank must be hoping that extensive experience in Australia's small business banking market provides the right grounding to make an impact on Asia's banking scene. Yesterday, it co.. read more
Five plot card issuing entry 09 December 2013 5:15PM At least five firms, several involved in travel services, are contemplating joining MasterCard and Visa in Australia. However, they are hoping the Payments System Board will relax the requirements o.. read more
APRA is over card system supervision 09 December 2013 5:14PM One driver behind the planned relaxation of the payment card regulation framework, which became entrenched in Australia a decade ago, is a shift in thinking at the Australian Prudential Regulation A.. read more
US Supreme Court will rule on NAB's patent gamble 09 December 2013 5:10PM The Supreme Court of the United States may resolve the fate of one of the more esoteric investments of National Australia Bank. The court has agreed to hear Alice Corporation versus CLS Bank Internat.. read more