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Quarterly banking statistics published by APRA yesterday highlight one dimension of the bank profit debate: that it's peak profit levels banks are seeking to secure and entrench. read more

While there is much talk about the need to increase the proportion of deposit funding of banks, the industry has seen fit to work with a decline in this ratio for each of the last four quarters, qua.. read more

In unusually expansive minutes from its November 5 board meeting, the Reserve Bank of Australia makes a series of observations on bank funding that qualify, and almost retract, a line of argument it.. read more

Foreign bank branches continue to be a source of periodic losses. read more

Lloyds Bank is bringing its largely dormant Australian branch to life. The bank is marketing a three-year senior domestic debt issue, Insto reports. read more

Suncorp will receive A$80 million from Nikko Asset Management for Tyndall, a small fund manager that the insurance and banking group preferred to swap for cash and capital. read more

The top 10 credit unions lifted their market share of the sector from 62.5 per cent, in 2009, to 65.4 per cent, in 2010, the annual KPMG survey of the sector shows. read more

AMP yesterday revived its bid for Axa Asia Pacific in a combination that management is this time styling as a "fifth force" in financial services. read more

Mike Smith, chief executive of ANZ, exceeded six of 14 performance measures listed in the bank's annual report, published yesterday. Smith "met" four more targets and "met in majority of business" t.. read more

Most of Suncorp Bank's Sydney ATM fleet is to be owned and operated by GRG Group, the latter announced yesterday. read more