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The banking industry worldwide needs to set aside the equivalent of 15 months' profit to meet target capital requirements under the Basel III regime, a new study from the Bank for International Sett.. read more

Australasian banks need to separate their main businesses either side of the Tasman into subsidiaries of a non-operating holding company, an academic group proposes. read more

ANZ overcame the timidity of its initial foray into price leadership in the home loan segment on Friday, with a rise of six basis points in its variable rate home loans and business loans. read more

Convenience works for ATM owners as they claw back A$5 million in fees for "wrong" ATM use. read more

Wide Bay Australia is to wind down its captive mortgage insurance business and source all its insurance from external providers, according to an investor presentation lodged with the ASX yesterday. read more

Westpac has postponed the implementation of a "single messaging and collaboration system". read more

ANZ reminded investors yesterday that returns will be lower and growth slower in the future as higher capital ratios and the increased cost of funds drag on bank profits. read more

The harmonisation of banking regulations and a common currency are talking points in an issues paper published by the Productivity Commissions of both Australia and New Zealand yesterday. read more

Charge cards are back as the dominant product for American Express in Australia, thanks to a one third decline in the size of the firm's credit card balances over 2011. read more

Aussie Home Loans is to buy National Mortgage Brokers - its first foray into the aggregation sector. read more