Receivership stands for Raine Square developer 19 September 2012 4:55PM The receivers appointed by Bankwest to the developer of the bank's Raine Square headquarters in Perth were validly appointed, the Supreme Court of Western Australia has ruled. read more
Banks prolong the Bell litigation 18 September 2012 5:04PM A syndicate of banks led by Westpac is making one more effort to cling on to their disputed position as secured creditors of Bell Resources. read more
NAB out of pocket on Distra 17 September 2012 5:14PM Payments' switching technology firm Distra is being sold to ACI Worldwide for US$49 million. read more
HBOS spinner shifts to Westpac 17 September 2012 5:13PM The long-serving head of corporate affairs at HBOS in the UK before and during the failure of the bank in 2008 is to take up a similar role at Westpac. read more
Fees class action deferred against four banks 17 September 2012 5:01PM Four smaller banks may not have to respond for some time to a mooted class action over the level of their penalty fees. read more
Wider crisis powers proposed for APRA 13 September 2012 5:22PM For the third or fourth time since the formation of the Australian Prudential Regulation Authority, in 1998, the government is having a shot at giving it the powers - mainly relating to crisis inter.. read more
Financial reform costs exaggerated, says IMF 13 September 2012 5:21PM The costs of regulatory reform affecting financial institutions following the crisis of the late 2000s will produced only a modest increase in bank lending rates in the United States, Europe and Jap.. read more
Business cycle forgotten in NZ banking circles 12 September 2012 4:48PM There is a curious detail in the RBNZ's "response to submissions" published yesterday over its approach to rolling out Basel III: some banks seemed unaware that two local banks had failed in recent y.. read more
Securency board cleared Malaysian agent payment in 2007 12 September 2012 4:46PM The Age and ABC collaboration continues regarding the question of who knew what and when at the Reserve Bank of Australia concerning the alleged payment of bribes at its Securency bank-note arm in t.. read more
Bendigo execs miss out on bonus again 11 September 2012 4:56PM For the second time in four years the most senior executives of Bendigo and Adelaide Bank received no short-term bonus. read more