NAB's top brass underperform 19 November 2013 5:47PM Seven of NAB's top 10 executives had their short-term bonuses cut over the last year, and the CEO and CFO were among them. read more
GE contains retail finance exit 18 November 2013 5:13PM The planned sale by GE of one fifth of its North American Retail Finance business has no implications for the business in Australia, says the company. read more
ANZ enters Shanghai free-trade zone 18 November 2013 5:11PM ANZ has been quick off the mark to secure approval for its business in China and to establish a sub-branch in the China (Shanghai) Pilot Free Trade Zone. read more
Business looking to borrow 15 November 2013 5:26PM Micro businesses, medium-sized businesses and corporates have all increased their demand for loans this year and are likely to continue to do so, research by East & Partners has found. read more
Trade finance talent lacking 15 November 2013 5:21PM Banks expect their trade finance business to expand by more than a quarter over the next year but will struggle to hire or train the required workforce, an industry analyst believes. read more
Banking exec bonuses cut at Westpac 14 November 2013 5:50PM There were pay rises for eight of the most senior staff of Westpac over the last year. Two key banking executives, however, earned a lower short-term cash bonus. read more
Ratings downgrades mooted for majors and Macquarie 14 November 2013 5:48PM Any inference that there may be less explicit government support for banks in a crisis may warrant a cut in the long-term credit rating of five banks, Standard & Poor's believes. read more
APRA aims for gold-standard RMBS 12 November 2013 5:43PM Banks will be expected to make vigorous use of mortgage-backed bonds as a long-term funding option to meet liquidity targets, a senior officer of the Australian Prudential Regulation Authority made.. read more
'Funding' focus for financial inquiry 11 November 2013 6:00PM A "key focus" of the forthcoming financial system inquiry "will be addressing the long term challenge for our nation to sustainably fund its economic growth," the treasurer, Joe Hockey, said in a sp.. read more
Infrastructure finance earns PC review 11 November 2013 5:59PM The Productivity Commission will soon conduct an Inquiry "to look at ways to bring down the cost of infrastructure, including facilitating greater private sector involvement in major infrastructure.. read more