373

In an echo of the way ANZ used to run its business, the bank has announced that the executive responsible for the growth of its recently established business in India and south Asia will work from L.. read more

Goldfields Credit Union is spending the equivalent of its last four years of profit in its quest to cast off its mutual status and list on the Australian Securities Exchange. read more

BNP Paribas will no longer contribute pricing data towards the setting of interest rate yields such as the bank bill swap rate, says the Australian Financial Markets Association. read more

NBNK Investments is considering making a pre-emptive offer for NAB's Clydesdale Bank in the UK, Dow Jones reports. read more

Lloyds Banking Group has racked up £3 billion in impairment charges in Australia since the financial crisis began to strike at the value of the commercial property developments it funded. read more

The present level of interest rates paid by borrowers is "roughly… appropriate" the governor of the Reserve Bank of Australia told the House of Representative's Economics Committee on Friday. read more

It is "a fact" that bank funding costs have increased, and banks "have responded in a way that you would expect they would", says Glenn Stevens, the governor of the Reserve Bank of Australia. read more

The formation of a handful of clearing houses covering most derivatives trades may suit regulators and banks in Europe and the United States but may not suit all markets, the governor of the Reserve.. read more

Firstfolio agreed to pay A$18.2 million for Calibre Financial Services - about $5 million more than previously reported. read more

With a lacklustre, but well telegraphed, half-yearly profit to announce yesterday, Bendigo and Adelaide Bank's chief executive, Mike Hirst, used the regular briefing to reflect on some of the key de.. read more