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Genworth will lift its premiums on lenders' mortgage insurance by seven per cent, its US management disclosed last night. read more

Asked by an analyst yesterday about capital requirements in banking, ANZ's CEO Mike Smith says: "Every time we seem to get to the place that we want to be our regulators say we require more capital." read more

Banks have more scope to repair their margins now the Reserve Bank of Australia has said it will cut the target for the cash rate by 50 basis points to 3.75 per cent. read more

Bendigo Bank is rationing access to its shared equity product, Homesafe, with only one third of the demand for this form of finance being fulfilled read more

Fitch Ratings has lifted the long-term credit rating of Suncorp Bank to A+ from A, reversing a downgrade made only 10 months ago. read more

National Australia Bank will shift £6 billion in commercial loans from its Clydesdale Bank arm in the UK to the main operating entity in Australia, with the bank opting for a version of the "good b.. read more

Macquarie Group is taking a long-term view of the earnings prospects for its capital markets' businesses, based mainly on the calibre of the managers charged with securing the turnaround of division.. read more

Macquarie Group provided a wide range of estimates of the level of its surplus capital at its full-year profit briefing. These estimates range from A$2.1 billion to $4.5 billion, though each measure.. read more

New Zealand Post will not be able to supply much more capital to Kiwibank. Michael Cullen, chair of the board of NZ Post, says the postal monopoly has "some small capacity" to supply more capital to.. read more

A rare breakdown in service from Swift early on Wednesday morning delayed routine payments, including salaries, for all customers of all banks in New Zealand. read more