Retained earnings support banks and economy 17 September 2013 4:23PM The lift in dividend pay-out ratios by Australian banks is out of kilter with worldwide trends, which have seen internationally active banks curb dividends to build capital, according to analysis by.. read more
iSelect revenue in the spotlight 17 September 2013 4:22PM The revenue "miss" by financial comparison website iSelect in its June 2013 full year is the subject of an investigation by ASIC. read more
NAB screws down staff costs 16 September 2013 4:44PM National Australia Bank is dragging the chain on staff pay rises. The Financial Sector Union said that last week NAB had made "the lowest pay offer among the big four banks." read more
Amex confident of keeping merchant fees up 13 September 2013 4:10PM American Express is confident it can maintain its premium level of merchant fees, even as "network" or co-branding becomes more important. read more
Banks' payout on Bell Group loan affair could be A$3 billion 12 September 2013 4:57PM Banks may finally make use of their provisions for their 28-year-old - and more than 20-year impaired - loans to Bell Group. The company, which became an arm of Alan Bond's business empire, failed a.. read more
APRA rings bell on high LVR lending 11 September 2013 4:42PM Banks are doing more lending at high loan-to-valuation ratios that are in excess of 90 per cent, a trend that is alarming APRA. read more
Brake needed on dividend payouts 11 September 2013 4:38PM Increased dividend payout ratios and other measures that reduce capital are concerning APRA. In its journal, Insight, the regulator highlights recent steps taken by the banks to "implement various c.. read more
MyState looking for expansion opportunities 10 September 2013 4:26PM MyState Financial says it aims to "retain… capacity for both organic and inorganic growth opportunities", a sign it may be a bidder once more for small-scale deposit taking entities. read more
Banking security algorithms compromised 09 September 2013 4:32PM Western security services have undermined "the major tools protecting the privacy of everyday communications in the internet age", including in banking transactions, newly disclosed documents from a.. read more
Bank capital rules subject to another review 09 September 2013 4:31PM The Financial Stability Board says it is undertaking a strategic review into whether the current capital framework achieves the right balance between simplicity, risk sensitivity, and comparability.. read more