Banks 'saviour' revisits 2008

The details of the Australian government's actions in late 2008 in shoring up the banking industry may become a fresh point of political discussion, with the restored prime minister, Kevin Rudd, emp.. read more

Bank of Sydney outflow continues

The Cypriot heritage of Bank of Sydney continues to have an impact on the bank's retail deposit base. A further outflow in May represented the fifth straight month of decline. read more

Custodians need more capital

Banks that provide asset "custody" as part of an investment services business will have to meet new financial requirements outlined by ASIC. read more

PR Finance takeover delayed

PR Finance Group's failure to prepare full accounts for the 2012 financial year has forced a delay in the takeover of the troubled firm by Keybridge Capital. read more