Search stress on debut for PPSR 31 January 2012 5:25PM Search functions were often unavailable, slow to respond or produced duplicate results on the first day of operation of the new Personal Property Securities Register. read more
Fitch considers downgrade for Australian banks 31 January 2012 5:22PM Fitch Ratings is considering a downward revision in the long term credit ratings of Australia's major banks, a step that may cost one of them an 'AA' class rating. read more
Suncorp turns to Oracle to update banking systems 30 January 2012 5:29PM Suncorp Bank has outlined a three-year program to upgrade its banking technology systems, including a project to replace its Hogan core banking system with the Flexcube product from Oracle. read more
IMB manages margin drift 27 January 2012 5:28PM Wollongong-based building society IMB has managed to offset the effects of an erosion in its margins and a rise in the level of liquid assets over the December 2011 half, and post a mild increase in.. read more
Still more bank capital needed, says IMF 25 January 2012 5:01PM The capital ratios of Australia's four largest banks underestimate their capital strengths, but despite this these banks need even more capital, the International Monetary Fund argues. read more
Westpac sells covered jumbo 25 January 2012 4:59PM Westpac yesterday locked in five-year funding on terms slightly better than those obtained last week by Commonwealth Bank. read more
One seventh of NAB household deposits held in UBank 23 January 2012 5:23PM UBank has more than A$10 billion deposits and more than 200,000 customers, representing 13.5 per cent of NAB's household deposits in Australia. read more
Sterling market accommodates NAB 20 January 2012 5:56PM Novelty value helped National Australia Bank sell a covered bond denominated in sterling overnight on terms better than banks in Britain can achieve. read more
Heritage updates marketing 20 January 2012 4:47PM Heritage Bank has hired Matt Granfield as marketing manager. He joins from Brisbane-based public relations agency memery. read more
Kiwibank seeks wealth solution 19 January 2012 5:50PM Kiwibank confirmed yesterday that it will buy Gareth Morgan Investments, a wealth management business established 20 years ago which has NZ$1.5 billion under management. read more