Clydesdale loss worse than reported 28 May 2012 5:02PM National Australia Bank provided an alternative, and grimmer, view of its banking business in the UK, over the half year to March 2012, on Friday. read more
CBA can outspend on ads 28 May 2012 4:59PM Commonwealth Bank is undertaking the "the biggest media buy in the market" to support a new slogan and a refresh of the presentation of its promotional materials. read more
Burn rate quickens at Cash Store 28 May 2012 4:58PM Accumulated losses piled up at an even more rapid rate for Cash Store Australia over the March 2012 quarter, as the financier - one that specialises in payday loans - adjusted to regulations due to.. read more
Kiwibank capital prop debated 25 May 2012 5:07PM The New Zealand Government is considering whether to support the capital needs of Kiwibank, a business it owns through New Zealand Post. read more
St George's IT support jobs stay in-house 25 May 2012 5:05PM Westpac yesterday confirmed that it had decided against tentative plans to outsource around 200 technology jobs to IBM from the bank's St George division in Sydney. read more
Leases back as bond security 22 May 2012 4:34PM Bank of Queensland is marketing its first asset-backed security in more than four years. read more
BNZ sticks with market rates on five-year funding 22 May 2012 4:32PM Bank of New Zealand will call a retail bond issued five years ago, even though it is likely to have a pay 200 basis points more on new money to replace this money. read more
CBA will live with tighter margins 18 May 2012 5:02PM Commonwealth Bank will wear the squeeze on its interest margins from more expensive term-funding the bank's chief executive told an investor briefing yesterday. read more
Heritage pays up for retail bond 18 May 2012 5:00PM Heritage Bank will diversify its funding, at a price, with the mutual bank yesterday beginning to market a five-year bond. It aims to raise A$125 million, mainly from retail investors. read more
Industry stuck with cheques 16 May 2012 4:43PM Fees will rise for the dwindling band of cheque users, the Australian Payments Clearing Association noted yesterday in releasing a report on dispensing with this form of payment. read more